Ethereum Jumps Above $2,600, Reaches Highest Price Since January

ETH advanced during a wider altcoin-led market rally, but its order flow reveals an unusual setup. Market sellers had dominated Binance trading before the breakout, yet their orders failed to produce a sustained decline.

Binance sellers were active before the breakout

A CryptoQuant chart shared by analyst Amr Taha placed cumulative net taker volume near negative $903 million. Ethereum was trading closer to $2,460 when the chart ended, before its subsequent move above $2,630.

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