Ethereum: Sudden Selling Pressure or the Final "Shakeout"?

The latest on-chain data from Binance is sending highly notable signals regarding the behavior of Ethereum (ETH) investors.

According to the Ethereum Exchange Depositing Addresses (Binance) chart from CryptoQuant, we have just witnessed a vertical spike reaching 9K ETH deposit addresses. This is the highest level in over a year, far exceeding the minor peaks seen in late 2025 sent to the #Binance exchange. The Ethereum Exchange Inflow (Total) - Binance chart shows tall green bars, confirming that selling pressure is present at the $2.26K price zone.

Panic Selling or Profit Taking? A sharp increase in deposit addresses usually represents retail investors who are in fear or losing patience as ETH prices gradually recover.

The market is focusing heavily on inflation indices and Fed moves. This uncertainty causes risk assets like ETH to face sell-offs as investors seek safety in more stable assets.