On July 7, 2025, Ethereum (ETH) reserves on Binance reached over 4% of the total circulating supply, the highest since May 2023. This increase raises concerns about potential market impacts.
The surge in ETH reserves may indicate investors preparing to sell, potentially causing price drops. Alternatively, large holders could be accumulating ETH in anticipation of a rally.
As of July 7, 2025, Ethereum is trading at $2,581.84, up 2.73% from the previous close. The intraday high was $2,598.09, with a low of $2,506.94.