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Ethereum fell, Binance set record! 320,000 coin withdrawals in one day

2026-10-10 00:19:04

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During the deep correction of Ethereum, the dynamics of exchange positions showed a differentiated pattern.

As the price of Ethereum continues to fall, investors 'operations at the exchange level show a completely different picture. In the past three days, ETH prices have dropped by about 10%, causing the total market value of the entire altcoin market to shrink by more than US$110 billion, and the market value of Ethereum has also evaporated by more than US$38 billion.

However, despite selling pressure, Ethereum reserves on Binance fell to their lowest level in nearly six months. In addition, the exchange recorded more than 320,000 ETH withdrawals on a single day on October 6. Prices are falling at the same time as reserves are shrinking, suggesting that investors in the market are taking different strategic actions.

Why did Binance's Ethereum reserves decrease?

According to CryptoQuant, Binance's Ethereum reserves have dropped from 3.57 million ETH to 3.47 million ETH. Reserves on exchanges have fallen 11.5% since holding approximately 3.92 million ETH in August.

During this period, the withdrawal speed also accelerated significantly. According to CryptoQuant statistics, Binance set a single-day record with more than 320,000 withdrawals on October 6. It should be noted that this figure represents the number of transactions, not the total amount of ETH withdrawn.

投资者可能正将代币转移至个人钱包以进行长期持有，或在交易所外寻求其他价值存储方式。尽管如此，储备量的下降并不意味着 ETH 价格必然上涨；它仅表明留在交易所内的流通筹码正在减少。

以太坊现货 ETF 流出 5.8 亿美元

与 Binance 上储备量下降形成对比的是，美国现货以太坊 ETF 出现了相反的资金流向。这些基金在 10 月份连续八个交易日录得资金净流出，自月初以来的累计流出总额已达到约 5.8 亿美元。

因此，交易所储备的下降与 ETF 的资金流出在同一时期成为焦点。这两组数据反映了投资者在不同渠道的行为差异：ETF 的资金流出并不等同于所有 ETH 持有者都在抛售，而交易所的提币行为也不直接意味着买入需求的增加。

ETH 价格是否会跌至 2400 美元？

对于以太坊接下来的走势，技术面关键点位受到密切关注。分析师 BATMAN 指出，ETH 正在测试上升通道的下轨趋势线，且相对强弱指数（RSI）已回落至约 23 的水平。在技术分析中，这通常被视为超卖区域。

According to the analyst, if support for the channel's lower track is maintained, Ethereum is expected to first rebound to $2700 and then move towards $3000. However, Ted Pillows warned that if ETH closes below the 100-week exponential moving average (EMA) at weekly levels, selling pressure may intensify and the price risks falling below $2400.

Therefore, there are two main possibilities in the short term: if Ethereum can hold the current support level, it may start a rebound; if it loses support, it may further test a lower position. It should be emphasized that the RSI being in the oversold zone does not alone prove that the downtrend has ended.

While observing the price trend of Ethereum, Binance reserves and ETF fund flow are also important monitoring indicators. The decrease in the number of ETH on the exchange does not automatically lead to a price increase; for prices to truly stabilize and recover, strong cooperation from the demand side is still needed.

The content of this article is based on general market data and does not constitute any investment advice. Readers are advised to conduct independent research and judgment.

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