{"id":658,"date":"2026-02-10T22:34:51","date_gmt":"2026-02-10T22:34:51","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=658"},"modified":"2026-02-10T22:34:51","modified_gmt":"2026-02-10T22:34:51","slug":"ethereum-sees-largest-exchange-withdrawals-since-october","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/02\/10\/ethereum-sees-largest-exchange-withdrawals-since-october\/","title":{"rendered":"Ethereum Sees Largest Exchange Withdrawals Since October"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"538\" data-id=\"659\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2-1024x538.jpeg\" alt=\"\" class=\"wp-image-659\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2-1024x538.jpeg 1024w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2-300x158.jpeg 300w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2-768x403.jpeg 768w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2-1536x806.jpeg 1536w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1434-2.jpeg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Ethereum is struggling to maintain the $2,000 mark after a market-wide pullback, with the leading altcoin losing nearly 14 percent over the past week. At the same time, it has experienced the biggest outflow from exchanges since last October, as investors move their holdings into private wallets or long-term storage.<\/p>\n\n\n\n<p><strong>ETH Withdrawals Surge<\/strong><\/p>\n\n\n\n<p>Data from CryptoQuant shows that Ethereum withdrawals from exchanges have accelerated sharply. Net outflows have exceeded 220,000 ETH over the past few days, marking the largest withdrawal wave since October. This trend indicates a shift in investor behavior, with more participants choosing to hold ETH off trading platforms either for accumulation or risk reduction.<\/p>\n\n\n\n<p>Binance accounted for a significant portion of the activity, with daily net outflows reaching approximately 158,000 ETH on February 5. This was the largest single-day withdrawal from the exchange since August, reflecting the high liquidity concentration on the platform.<\/p>\n\n\n\n<p>These outflows occurred while ETH traded between $1,800 and $2,000, suggesting that some investors were repositioning their holdings or accumulating at these price levels following the recent decline. CryptoQuant noted that consistent outflows of this size reduce the supply available for immediate selling, which could provide structural support for the price in the near term, especially if market momentum improves.<\/p>\n\n\n\n<p><strong>$2,000 Level Under Close Watch<\/strong><\/p>\n\n\n\n<p>Market analysts are closely monitoring the $2,000 level. ETH was recently rejected near $2,100, making $2,000 a critical support zone. Ted Pillows warned that a break below this level could result in a retest of last week\u2019s lows, a concern echoed by analyst Ali Martinez.<\/p>\n\n\n\n<p>MN Capital founder Micha\u00ebl van de Poppe highlighted the disconnect between Ethereum\u2019s network activity and its price. He explained that price often lags behind fundamentals during early growth phases, similar to Ethereum\u2019s 2019 cycle. Stablecoin transaction volumes on the network have increased by 200 percent over the past 18 months, while ETH has fallen around 30 percent, creating potential opportunities for buyers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum is struggling to maintain the $2,000 mark after a market-wide pullback, with the leading altcoin losing nearly 14 percent over the past week. At the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-658","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=658"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/658\/revisions"}],"predecessor-version":[{"id":660,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/658\/revisions\/660"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}