Binance Holds the Least Ethereum Since 2021
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Ethereum’s (ETH) price fell to its lowest level since early July on Sunday. Yet Binance’s ETH reserves dropped to about 2.9 million, the smallest stockpile in nearly five years. Coins leaving exchanges usually point to holders who are not selling, and whales have been buying. However, ETH still trades 63% below its August 2025 peak, and the buying has yet to set a floor. Ethereum Keeps Draining Out of Binance Binance ETH reserves have fallen to roughly 2.9 million , analyst Darkfost noted. Holdings were last this low in November 2020, when ETH traded near $400. The exchange held more than 5 million ETH in July 2025. Since then, reserves have dropped by nearly 42%, with 30-day average netflows mostly negative.
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