Ethereum Price Prediction: Binance Inflows Hit June Record High

Ethereum price is trading at $2,435, up 1.5% on the day, as a fresh wave of exchange deposits raises questions and a bearish prediction about whether holders are gearing up to sell.

The number underneath that move is the real story, and it’s one that traders watching the order books have been flagging all week.Inflows of ETH to Binance have climbed to their highest level since last June, according to on-chain data cited by Cryptoquant.

That kind of spike typically precedes either profit-taking into strength or a liquidity build ahead of derivatives positioning. The timing, with ETH fresh off a bounce from sub-$2,300 lows, makes the read genuinely ambiguous.

Analysts tracking the move have pointed to it as an early signal worth watching rather than a confirmed bearish signal.The backdrop matters.