Ethereum’s Secret Love Affair with Binance: Is $2,200 the New Black?

So, what’s the fuss? It’s all about the ETH Taker Buy Sell Ratio on Binance-basically, a fancy way of saying who’s boss in the perpetual contract game. After what feels like an eternity of sellers throwing shade, buyers have finally grabbed the mic, and the ratio is above 1.0. It’s like the cool kids have decided Ethereum is worth a second date. But here’s the kicker: Binance isn’t just any exchange; it’s the Beyoncé of crypto, handling over 37% of all ETH open interest globally. So, when Binance says buyers are in charge, you listen.


