Ethereum Withdrawals on Binance Hit 3-Year High

CN
U.today
Follow
2 hours ago

As the crypto market begins to see a rapid shift in investor behavior and momentum appears to be building again, Ethereum withdrawal transactions on Binance are beginning to retest record levels.


According to the latest data provided by crypto analytics platform CryptoQuant, Ethereum withdrawal transactions on Binance have surged to their highest level in more than three years.


166,000 ETH exit Binance in 24 hours


Following the surge in Ethereum withdrawal activity seen on the leading crypto exchange, the data further showed that Binance recorded over 166,000 ETH withdrawal activity in a single day.


HOT Stories Fidelity Warns Bitcoin Faces Key Test Shiba Inu (SHIB), XRP, Hyperliquid (HYPE) and Synapse (SNY) Price Analysis for July 3: Will Outliers Carry the Market?

Apparently, this marks the strongest single-day withdrawal activity the exchange has seen since March 2023, signaling a sudden surge in interest among investors.



You Might Also Like
Wed, 07/01/2026 - 15:21 Tom Lee Welcomes New Ethereum NPO: Why Biggest ETH Treasuries Back This AllianceByGamza Khanzadaev

The sharp surge in Ethereum withdrawals on Binance has sparked discussions across the crypto community amid rising curiosity about the sudden shift in investor sentiment.


While the surge happened around the $1,500 price level, analysts have predicted that investors may have considered the level as an attractive entry point, causing them to aggressively accumulate the asset at this level.


Ethereum down 67% from 2025 peak


Furthermore, the surge in Ethereum withdrawals on Binance arrived at a time when Ethereum is attempting to recover after suffering a prolonged market correction.


Prior to the sudden rise in Ethereum withdrawals, the asset continued to face consistent price declines since its previous peak in early 2025.


Over this period, Ethereum has fallen by about 67%, a decline estimated to be about 15% deeper than Bitcoin's decline during the same period. 


However, the past two days have seen Ethereum show signs of recovery, rebounding to above $1,700 after posting a notable increase of about 10% within just 48 hours.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink