Data: ETH inflow to CEX reaches the highest level since July, possibly indicating that whales are preparing to sell off.

GateUser-6433627c · 2026-01-01T16:32:38+00:00

On January 2nd, CryptoOnchain data shows a large-scale capital inflow into Ethereum on CEX, with a net inflow of 24,500 ETH, the highest since July, possibly indicating selling pressure. ETH price is consolidating around $2,980, with a short-term bearish outlook. Holders with long positions should be cautious.

GateUser-6433627c

2026-01-01 16:32:38

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January 2nd, CryptoOnchain posted data on social media indicating a large-scale influx of funds into Ethereum on CEXs, with net inflows soaring to 24,500 ETH, the highest since July. Such a significant net inflow typically suggests more ETH is entering trading platforms, often a precursor to selling pressure. This phenomenon may reflect whales preparing to sell or traders adjusting positions for derivatives hedging. Currently, ETH is consolidating around $2,980, and increased supply on trading platforms could limit short-term upside potential. Historically, similar surges in capital inflows have often been accompanied by higher volatility or downward trends. Overall, the current pattern remains short-term bearish, and holding long positions requires caution.

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