Binance’s Ethereum reserves have fallen to about 3.47 million ETH from roughly 3.92 million ETH in August, marking the exchange’s lowest level in nearly six months, according to data cited by CryptoQuant analyst Darkfost. The decline works out to about 11.5% over the period. In a separate data point, Binance also recorded more than 320,000 Ethereum withdrawal transactions on Oct. 6 in a single day, setting a new all-time high for that metric. The figures were reported by Techub News and attributed to Darkfost’s analysis. The update focuses on exchange reserve levels and withdrawal activity on Binance, without disclosing additional reasons behind the move.
Binance’s Ethereum reserves have dropped to about 3.47 million ETH from roughly 3.92 million ETH in August, the lowest level in nearly six months, according to data cited by CryptoQuant analyst Darkfost.
The decline amounts to about 11.5%. Separately, Binance logged more than 320,000 Ethereum withdrawal transactions on Oct. 6 in a single day, a record high for the exchange on that measure.
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