Recent on-chain data revealed a large shift in Ethereum net flow on the Binance exchange during December 2024. This eye-catching event could imply several market movements, especially after the asset’s decline in Q4 2025. Meanwhile, Ethereum opened 2026 positively, climbing above $3,100 for the first time since mid-December.
Ethereum sees $960 million inflows as investor sentiment shifts
ua Quick Take post On December 3, the CryptoOnChain analysis site reports an important change in Ethereum investor activity. Namely, the net inflow of Ethereum in December reached 960 million dollars on Binance, the world’s largest exchange by trading volume. The development is particularly important and compelling as it represents an impressive shift from the negative inflow record that existed since July 2025.
For most of the second half of 2025, investors chose to continuously withdraw more ETH than deposits, possibly in favor of long-term accumulation, i.e. growth, or to divert potential selling pressure elsewhere. However, the figures recorded in December suggest a sudden change in investor behavior, which has several possible implications for the market.
In general, increased exchange rate inflows are considered a bearish signal that is interpreted as the preparation of market participants for potential asset unloading. Considering ETH’s price struggles in the fourth quarter of 2025, this recent spike in net inflows could be an indication of a potential move for the expected long-term market decline.
However, CryptoOnChain points out some possible positive effects of this event. The massive inflows seen in December could also reflect a revival in buyer interest, indicating renewed demand for Ethereum as investors prepare to accumulate at lower price levels.
In addition, large net inflows could also represent a new injection of capital in the Ethereum market that has been moved to exchanges for active trading. In line with this thought, CryptoOnChain also states that traders may be moving capital to exchanges to take advantage of trading opportunities fueled by expected high volatility.
In conclusion, analysts emphasize that the sudden reversal that led to massive inflows in December is a vital market signal that potentially indicates a new phase of accumulation or increased trading activity.
Ethereum Market Overview
At the time of writing, Ethereum is trading at $3,121 after a slight 0.11% decline in the last 24 hours. Meanwhile, the daily trading volume fell by 52.68% and was valued at $11.79 billion. Despite recent gains, the prominent altcoin remains 37.15% below its all-time high recorded in August 2021, following an extended market correction in Q4 2022.
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