CryptoQuant: Ethereum Net Taker Volume on Binance Falls to 2-Week Low as Sellers Tighten Control

According to CryptoQuant analyst JA Maartun, Ethereum Net Taker Volume on Binance has fallen to a two-week low.

The metric measures the gap between aggressive buy and sell orders, offering insight into which side of the market is in control at any given time. When it declines or turns negative, it typically signals that selling activity is outweighing buying interest, indicating rising sell-side pressure.

In this latest reading, the drop indicates that sellers are gaining the upper hand, contributing to weaker short-term market momentum.

At the time of reporting, Ethereum is priced at $1,658, down 6.1% over the past 24 hours.

Source: JA Maartun