🗞️ Ethereum's silent accumulation Hits a 3-Year High In just 3 months, ethereum:native has gone from $1 510 to $2 650, a gain of more than 75%. This move structurally breaks the prevailing trend by clearing April's high. Compared to Bitcoin, which has yet to establish itself durably above its May high, ETH has taken a bit of a lead. This has been made possible by the accumulation of ETH on Binance, which has just reached its highest level in 3 years. The monthly average of ETH withdrawal transactions from Binance has just surpassed 90 000, a high not seen since 2023, which is double the level recorded at the start of the year. It highlights just how significant, and fairly sudden, this accumulation has been. When ETH leaves a platform like Binance in this way, it suggests that many investors bought and then withdrew their ETH to move it into private custody solutions. This type of behavior is associated with an accumulation logic, aimed at medium to long term holding. This dynamic is reinforcing the trend building on ETH, a trend that is currently much stronger on Ethereum than on Bitcoin.