๐—˜๐—ง๐—›โ€™๐˜€ ๐—ง๐—ฟ๐—ถ๐—ด๐—ด๐—ฒ๐—ฟ ๐—Ÿ๐—ฒ๐˜ƒ๐—ฒ๐—น: ๐—ง๐—ต๐—ฒ $๐Ÿฎ,๐Ÿฏ๐Ÿต๐Ÿฎ ๐— ๐—ฎ๐—ฟ๐—ธ ๐—˜๐˜ƒ๐—ฒ๐—ฟ๐˜† ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐—ฟ ๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ช๐—ฎ๐˜๐—ฐ๐—ต

โšซ๏ธ Ethereum's recent price reaction around $2,392 wasnโ€™t just random โ€” it aligns with a key on-chain metric tied to Binance user deposits, according to analyst @Crazzyblockk.

โšซ๏ธ This level represents the Realized Price of Binance deposit addresses โ€” essentially, the average entry price of ETH held by users who sent coins to Binance.

โšซ๏ธ Here are the realized price levels across major user categories:

Binance Deposit Addresses: $2,392

OKX Deposit Addresses: $2,706

CEX-Linked Addresses: $2,532

Highly Active Addresses: $2,513

โšซ๏ธ Why does this matter?

Binance holds the largest ETH reserves among all CEXs and plays a major role in ETH on-chain migration. So, the $2,392 level carries heavy market influence.

โšซ๏ธ As long as ETH stays above $2,392โ€“$2,500, most investors are in profit, reducing the chances of mass selling.

โšซ๏ธ But if ETH dips below these realized prices, especially $2,392, many holders may turn red โ€” increasing risk of panic selling and price pressure.

โžก๏ธ TLDR: $2,392 is not just a price point โ€” it's a psychological and structural support zone. Keep this level on your radar.

#Ethereum #Binance