Ethereum traders didn’t wait around to interpret the latest inflation print. They just hit buy. A lot.

Following the release of June 2026 US Consumer Price Index data on July 14, Binance recorded approximately $1.2 billion in ETH taker buy volume within the first hour. To put that in perspective, Deribit clocked $15 million and OKX managed $23.6 million over the same window. Binance didn’t just dominate the flow. It was the flow.

The CPI print that moved markets

Here’s what got everyone excited. The June CPI came in at negative 0.4% month-over-month, a genuine surprise to the downside. The year-over-year figure dropped to 3.5%, falling from the previous reading of 4.2%.

ETH responded with a price jump of over 4% immediately after the announcement.