ETH has seen a strong upward momentum recently, and once again, Binance takers are leading the charge.
🟣 The ETH Taker Buy/Sell Ratio (7D Moving Avg) on Binance just crossed 1.00, signaling dominant buy-side activity.
📊 At the same time, price volatility spiked to 261.5, aligning with a strong uptick in ETH price above $3,434.
🔵 In the second chart, a notable rise in taker long volumes—particularly around July 11 and July 16—coincides perfectly with price breakouts. The long-short volume divergence shows clear buyer strength on Binance.
What It Means:
Binance takers are playing a critical role in ETH price discovery.
A rising taker buy ratio paired with surging volume and volatility often acts as a leading indicator of bullish continuation.
Ethereum holders should watch Binance flows closely, as price reacts aggressively to taker momentum here.
Written by Crazzyblockk