Tag: Binance

128.5K ETH Tokens Left Binance with $443M ETF Inflows

Key Notes Leading CEX Binance sees massive ETH outflows. Spot ETH ETFs recorded over $443 million in net inflows. Ethereum balance on exchanges declined to 14.6 million tokens. Ethereum ETH $4 436 24h volatility: 3.6% Market cap: $535.77 B Vol. 24h: $51.96 B reached an all-time high of $4,953 on Sunday, Aug. 24, with a market cap of nearly $600 billion.ย  The bullish momentum that took ETH to its new peak was short-lived. The leading altcoin has been declining since then and is currently trading at $4,430. Ethereumโ€™s market value…

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Ethereum Whale Demand Surges On Binance As Price Nears $5,000

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Ethereum has once again taken center stage in the crypto market after surging to a new all-time high above the $4,900 level on Sunday. The rally, which pushed ETH into uncharted territory, highlighted the strength of bulls after weeks of steady institutional accumulation and market momentum. However, the price did not hold these highs for long. Ethereum has since retraced, dropping back to the $4,600 region, where bulls are now attempting to establish support before the next move higher. Related Reading This pullback has sparked debate among analysts. Some view…

Binance warns of social engineering SMS scam after $91m Bitcoin theft

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Binance has warned its users about scammers after a victim lost $91 million in a similar attack. Summary Binance has warned its users about scammers impersonating its support One user lost $91 million in Bitcoin from a similar attack ZachXBT says that attackers donโ€™t appear to be from North Korea Scammers are increasingly relying on human error to steal funds. On August 21, crypto investigator ZachXBT reported that one user lost $91 million in Bitcoin (BTC) to a social engineering scam. On Aug 19, 2025 a victim fell for a…

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Strategic Selling on Binance Puts $110K in Sight

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Bitcoin has retreated from last weekโ€™s record high above $124,000, slipping by over 8% in recent days. At the time of writing, the cryptocurrency trades around $113,867, reflecting a 6.3% decline over the past seven days. The correction has raised questions about the forces driving current market dynamics, particularly the role of large holders in shaping price momentum. On-chain data has pointed to a consistent pattern of selling activity from whales on Binance, the worldโ€™s largest exchange by trading volume. According to CryptoQuant contributor Arab Chain, these movements appear to…

Bitcoin Falls Below $115,000 As Binance Buying Power Ratio Collapses

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Earlier today, Bitcoin (BTC) slipped below $115,000 for the first time since August 6, raising concerns that the cryptocurrencyโ€™s bullish momentum may be fading. Against this backdrop, the Binance Buying Power Ratio suggests that demand for BTC could be weakening, potentially setting the stage for a deeper price correction. Binance Buying Power Ratio Raises Alarms According to a CryptoQuant Quicktake post by contributor Crazzyblockk, the Binance Buying Power Ratio serves as a reliable indicator of overall market health. The analyst explained that the current reading points to a possible downturn…

OpenEden and Binance Wallet Launch Six-Week, 20 Million EDEN Token Airdrop

Key Notes OpenEden’s airdrop allocates 2% of total supply through a three-phase program requiring 61+ Binance Alpha Points. The real-world asset tokenization company founded in 2022 specializes in tokenized US Treasury Bills partnerships. Eden Network’s dormant EDEN token surged 251% from confusion despite being completely separate from OpenEden’s project. OpenEden and Binance Wallet have launched a six-week airdrop campaign for the EDEN token. The program allocates 20,000,000 EDEN tokens, equivalent to 2% of the tokenโ€™s total supply, to Binance Wallet users who complete specific tasks. The campaign starts on August…

PLUME Network Token Debuts on Binance Following 150M Token Airdrop: Price Surge 36%

Key Notes Binance opened PLUME trading on August 18, 2025, against pairs like USDT and BNB, following a 150 million-token airdrop. Plume is an EVM-compatible blockchain focused on real-world assets, with over 200 projects building on it and $366 million in TVL. PLUMEโ€™s price action was marked by strong volatility, with an aggressive surge a few hours before listing, followed by a crash as soon as trading started. Binance has added PLUME, the token from Plume Network, to its spot trading platform. The exchange kicked off trading on August 18,…

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