Binance ETH withdrawals hit 3-year high as Riot stages another 500 BTC for possible sale
first published 2026-07-03T10:03:42Z
CryptoQuant data shows Binance recorded over 166,000 ETH withdrawals in one day, the highest in more than three years and the strongest since March 2023. The withdrawal spike came as Ethereum recovered above $1,700 after falling 67% from its 2025 peak, with analysts pointing to the $1,500 area as a possible accumulation zone.
AI Analysis
Large ETH withdrawals from Binance and a rebound above $1,700 are concrete on-chain and price developments. The article suggests accumulation, but it does not report a major protocol event, making the trading impact moderate rather than high.
Expected Investor Sentiment: Neutral
Potential Market Impact: High
Source Articles
- Ethereum Withdrawals on Binance Hit 3-Year High - U.Today
- Cardano Price Rises 6% as Smart Money Accumulates ADA - Coinpedia
- ‘Nothing Illegal, Nothing Wrong’: Trump Defends $1.4 Billion Crypto Profits From 2025 - Bitcoin.com
- Trump says there is ‘nothing wrong’ with family’s crypto windfall - CoinDesk
- Ethereum Price Poised For 200% Rally as ETF Inflows and Bullish Signal Align - Coinpedia
- Binance ETH Withdrawals Hit 3-Year High as Riot Stages Another 500 BTC for Possible Sale - Bitcoin.com
- Can Ethereum Price Hit $62,000? We Assess Tom Lee's Bull Case as He Renews Bold ETH Predictions - Yahoo Finance
- XPL Price Jumps 21% as Plasma Activity Explodes - Coinpedia
