Arab Chain2026-03-20

Ethereum whales are reducing their deposits to Binance

The Ethereum Exchange Inflow (Top10) data on Binance reflects a set of precise values that help better understand the behavior of large investors (whales), especially when focusing on the latest available data. At this point, Ethereum’s price stood at approximately $2,137, indicating relative stability compared to previous volatility. In terms of inflows, the actual transfers from the top 10 wallets to the exchange reached approximately 135,573 ETH, which is a moderate level compared to previous peaks that exceeded one million ETH. This suggests a clear decline in whale activity intensity. When analyzing the moving averages, we observe the following: EMA (7) at approximately 140,265 ETH EMA (14) at approximately 140,853 ETH EMA (30) at approximately 151,694 ETH EMA (50) at approximately 158,203 ETH EMA (100) at approximately 159,307 ETH This gradient in values shows that long-term averages are higher than short-term ones, reflecting a gradual downward trend in inflows. In other words, whale deposit activity was stronger in the past and has been steadily declining over time. Additionally, the current inflow level (~135K ETH) is below most of the moving averages, which is an important signal indicating that potential selling pressure is lower than recent historical levels. This is often interpreted as a decline in selling intent among large investors, or at least a slowdown in transferring assets to exchanges. On the other hand, the convergence between EMA 7 and EMA 14 reflects short-term stability, while the fact that EMA 50 and EMA 100 remain at higher levels confirms that the market is still recovering from previous waves of selling.