Ethereum inflows surge as Bitcoin enters CryptoQuant's "bullish cooling" phase

  • Ethereum inflows to Binance reached approximately 709,400 ETH on September 11, the highest level since last June.
  • Bitcoin traded between $76,000 and $82,000 as CryptoQuant's Bull Score declined to 60 from 80.
  • CryptoQuant cited weaker U.S. spot demand, macro uncertainty and elevated Ethereum and altcoin exchange inflows as near-term pressures.

Ethereum inflows to Binance reached approximately 709,400 ETH on September 11, the highest level since last June, while CryptoQuant said Bitcoin had entered a "bullish cooling" phase amid weaker momentum and demand. Bitcoin traded between $76,000 and $82,000, and CryptoQuant's Bull Score fell to 60 from 80. Ethereum exchange inflows also rose sharply in late August and around September 10, while altcoin exchange-inflow transactions reached 56,000 on September 8, their highest level in nine months. Exchange inflows can increase tradable supply and have historically pressured prices, but they do not by themselves prove selling; Bitcoin exchange inflows remained relatively stable.

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