Binance Observes Shifting Sentiment as Ethereum Surges Past $2,700 on ETF Inflows

Ethereum has reclaimed the $2,700 mark for the first time in nearly a month, driven by strong inflows into US-listed spot ETFs. These funds have collectively attracted over $4.5 billion since their launch, with BlackRock's ETHA and Fidelity's FETH leading recent capital commitments. Meanwhile, Binance's derivatives market data revealed a notable shift in trader sentiment, as the ETH/USDT perpetual long-to-short ratio dipped below parity for the first time since April 2023. This contrarian signal suggests potential market recalibration even as spot demand remains robust. The resurgence in Ethereum's price highlights growing institutional interest through ETF channels, while derivatives traders on Binance appear to be taking a more cautious stance. As of July 2025, the cryptocurrency continues to demonstrate its resilience amid evolving market dynamics, with spot and derivatives markets telling diverging stories about investor expectations.

Ethereum Reclaims $2,700 Amid ETF Inflows and Shifting Derivatives Sentiment

Ethereum surged past $2,700 for the first time in nearly a month, buoyed by robust inflows into US-listed spot ETFs. The funds have attracted over $4.5 billion since launch, with BlackRock's ETHA and Fidelity's FETH leading recent capital commitments.

Derivatives markets flashed a contrarian signal as Binance's ETH/USDT perpetual long-to-short ratio dipped below parity for the first time since April 2023. The unusual combination of rising open interest and net-short positioning suggests fresh capital entering rather than exiting positions.

Market structure appears conducive for continuation, with classical futures theory interpreting such activity as trend confirmation when accompanied by decisive price action. Analysts point to potential supply constraints in Q3, including anticipated ETF inflows from secondary platforms and possible protocol upgrades.

Bhutan Moves $23.7M in Bitcoin to Binance

The Bhutanese government transferred approximately $23.7 million worth of Bitcoin to Binance, marking another in a series of transactions to the exchange. While the rationale remains undisclosed, the recurring activity underscores sovereign entities' deepening involvement in crypto markets. Speculation points to strategic treasury management or liquidity preparation.

Changpeng Zhao’s YZi Labs Launches BNB-Based Treasury Company

Binance founder Changpeng Zhao's family office, YZi Labs, is backing a new treasury company focused on BNB in partnership with investment firm 10X Capital. The venture aims to acquire and hold BNB, with plans to list on a major U.S. stock exchange, offering traditional investors a regulated gateway to the cryptocurrency.

Led by Galaxy Digital co-founder David Namdar, the company mirrors strategies seen in the crypto space, such as MicroStrategy's bitcoin acquisitions. This initiative marks a significant step in institutional adoption, bridging digital assets with mainstream financial markets.

Bitcoin Holds Firm Above $100K Amid Sustained Selling Pressure

Bitcoin continues to defy selling pressure, maintaining its position above the critical $100,000 threshold despite relentless shorting activity on Binance Derivatives. The cryptocurrency has traded in a tight $100,000-$110,000 range since early May, with brief dips below psychological support consistently met with swift recoveries.

Market data reveals a curious divergence: while Binance's derivatives platform shows persistent negative Cumulative Volume Delta—indicating dominant sell-side pressure—the spot price remains resilient. This suggests institutional buyers may be absorbing the sell orders, creating an invisible floor beneath Bitcoin's price.

The sustained defense of $100,000 amidst aggressive short positioning hints at brewing momentum. Market mechanics resemble historical accumulation patterns where institutional demand quietly counterbalances retail selling pressure before major upside moves.

Bitcoin Price Surge and Binance Inflows: What’s Behind the Drop?

Bitcoin's price surged to $111,098, marking a 2.42% gain in 24 hours with trading volume spiking 41.3% to $59.65 billion. Despite the bullish momentum, Binance inflows for BTC have hit cycle lows—an unusual divergence that suggests long-term holder conviction.

Average daily Bitcoin transfers to Binance have dwindled to 4,600 BTC, nearing bear market levels. Typically, traders flood exchanges to lock in profits during rallies. This anomaly signals a shift in investor behavior, with holders opting to accumulate rather than liquidate.

The disconnect between price action and exchange flows paints a telling picture. As Bitcoin approaches all-time highs, the lack of sell pressure reveals deepening market maturity. Darkfost's analysis underscores this paradigm: when speculation fades, diamond hands remain.

Binance Proof of Reserves Shows Strong Backing for SHIB, XRP, and SOL

Binance's latest Proof of Reserves report reveals robust reserve ratios for shiba inu (SHIB), XRP, and Solana (SOL), with holdings exceeding user balances. The exchange maintains 55.29 trillion SHIB against user deposits of 54.83 trillion, resulting in a 100.84% reserve ratio. Similarly, XRP reserves stand at 2.31 billion tokens—101.22% coverage—while SOL holdings reach 32.04 million against 31.06 million user deposits.

The transparent accounting, verified through on-chain tools, underscores Binance's commitment to asset backing. Third-party custody accounts for marginal portions of reserves, including 1.55 trillion SHIB and 49.87 million XRP. Market observers note such disclosures reinforce trust in centralized exchanges amid growing regulatory scrutiny.