Binance centralizes ETH: already 25% of all exchange reserves under its control
📈 Ethereum reserves on Binance have grown from 3.8 to nearly 5 million ETH — the exchange has become the absolute leader in ether reserves among CEX.
🔹 This is already 25% of all ETH held on exchanges. At the same time, the overall market volume has not changed — which means there is an outflow from other platforms, rather than an influx from cold wallets.
🧐 Such a flow may indicate:
— the technical convenience of Binance (low fees, speed, interface);
— or strategic accumulation — on the part of large players or the exchange itself.
⚠️ Important: ETH has not yet caught up with Bitcoin — $3,000 versus ATH of $4,878. The gap remains large, which means there is potential for catching-up growth.
Binance is no longer just a platform — it is the main center of ETH liquidity. Any sharp actions (delistings, deposits/withdrawals, staking programs) can influence the price. If Binance is indeed preparing ETH for growth — this could become one of the key triggers for the market.