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Ether drops 10% in three days, Binance ETH reserves hit six-month low amid crypto market sell-off

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Ether drops 10% in three days, Binance ETH reserves hit six-month low amid crypto market sell-off

Ether (ETH) has declined by 10% over three days, losing over $38 billion in market value as a wider crypto correction erased more than $110 billion from altcoin capitalization. This drop brought Ether's price back to levels seen a month ago. Concurrently, Binance's Ether reserves fell from 3.57 million to 3.47 million ETH, the lowest in six months, with a record 320,000 ETH withdrawals on October 6. The outflows suggest holders are moving ETH to private wallets or using it actively, while U.S.-listed spot Ether ETFs have seen eight consecutive days of outflows totaling nearly $580 million in October, indicating weakening demand.

While Ether faces a sharp correction, Binance Coin (BNB) on Pluang trades at Rp13.296.278 as of Oct 09, 2026 15:01 WIB. BNB's market cap stands at Rp1.772,8 trillion with a 1-day change of -3.41%. Pluang users show a balanced sentiment with 59% buy orders and a typical hold time of 89 days, indicating steady interest despite broader crypto volatility.

More News (BNB)

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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Bitcoin rises nearly 1% to $82,522 despite overall crypto market dip

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Ether futures open interest on Binance rises in ETH but falls in USDT value as ETH price drops

Ether futures open interest on Binance rises in ETH but falls in USDT value as ETH price drops

Ether futures open interest on Binance increased by 2.27% in ETH terms over 69 hours through October 8, reaching about 2.33 million ETH. However, the USDT-denominated value of these positions fell by 6.58% to approximately $5.77 billion due to a decl...

Technical Signals
Neutral
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