Ethereum's Binance Buyers Just Flipped a Switch No One Was Watching
Ethereum CVD on Binance jumped to a three-month high near 64,700 as ETH holds near $1,900, with buy-side order flow pointing to real demand. The number showed up quietly, buried inside a note CryptoQuant analyst Arab Chain posted just two hours before this went out, and almost nobody outside a handful of trading desks caught it right away. Sixty four thousand seven hundred. That is roughly where Ethereums Cumulative Volume Delta on Binance sits now, its highest reading in three months. ETH itself has been parked near $1,900, which on its own barely qualifies as news. CVD measures the gap between aggressive buy orders and aggressive sell orders on an exchange. When that number climbs alongside price, traders usually read it as real demand showing up, not just a thin order book letting price drift higher on fumes. Source: CryptoQuant (Arab Chain), Binance: ETH CVD Momentum & Price Correlation (30D)Binance Order Flow Turns Positive The 30-day correlation between ETH‘s price and its CVD reading sits at roughly 0.87. CryptoQuant’s number, posted two hours ago. That is a tight relationship for two series that do not always move in step. A similar Binance buying spike showed up last week too. Cooler than expected U.S. CPI data sparked