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Binance's Ethereum reserves hit six-month low amid record withdrawals despite ETH price drop.

Market News
09 Oct 2026
Crypto Briefing
View Source
Neutral
Binance's Ethereum reserves hit six-month low amid record withdrawals despite ETH price drop.

Binance's Ethereum reserves fell to 3.47 million ETH in early October 2026, the lowest in six months, as users withdrew coins at a record pace, with over 320,000 ETH withdrawn on October 6 alone. This decline coincided with a 10-11% drop in ETH prices, wiping out over $38 billion in market value. Meanwhile, US-listed spot ETH ETFs saw eight consecutive days of outflows totaling around $580 million, indicating institutional investors were reducing exposure while retail users moved coins to self-custody or productive uses like staking. This divergence highlights differing strategies between retail holders and institutional investors amid market volatility.

As of October 9, 2026, BNB trades at Rp13,237,085 on Pluang, down 2.96% in the last day. The platform shows a market cap of Rp1.766,99 trillion for BNB, with a 24-hour trading volume of Rp34,97 trillion. Despite the ETH withdrawals and price drop reported, BNB's order activity on Pluang leans more towards buying at 59%, with typical hold times around 89 days.

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Bitcoin rises slightly as crypto market dips and $100M liquidations hit

Bitcoin rises slightly as crypto market dips and $100M liquidations hit

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Whale deposits 2,380 BNB worth $1.85M to Binance, signaling exit amid $1.5M unrealized losses in altcoins.

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An unidentified whale transferred 2,380 Binance Coin (BNB), valued at about $1.85 million, to Binance within 20 minutes, indicating a potential exit from its BNB holdings. This move comes after the whale had been diversifying into other altcoins sinc...

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Bitcoin balances steady daily, but weekly outflows continue as Asia and U.S. exchange volumes drop

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Bitcoin holdings on major exchanges remained stable on a daily basis with no net inflow, but weekly and monthly data show ongoing net outflows, signaling a medium-term decline in exchange reserves. Binance led trading volume during European hours, wh...

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LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

LINK, BNB, and NEAR ETFs see inflows; SOL ETF posts outflows for fifth day

In the altcoin spot ETF market, Chainlink (LINK), Binance Coin (BNB), and NEAR ETFs recorded net inflows, signaling investor interest, while Solana (SOL) ETFs experienced net outflows for the fifth consecutive day. Other altcoins like XRP, Dogecoin, ...

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About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

About 14.1M LINK worth $180M moved to Binance from Chainlink noncirculating wallets on Oct 9.

On October 9, Chainlink noncirculating-supply wallets transferred a total of approximately 14.125 million LINK tokens, valued at around $180 million, to Binance deposit addresses. These transfers occurred in multiple transactions between 11:53 a.m. a...

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