Ethereum News Today: ETH Holds Near $2,733 as Exchange Withdrawals Hit Three-Year High
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Last Updated: September 23, 2026
Ethereum traded near $2,733 on September 23, 2026, holding steady after spot Ether ETFs attracted $270 million in inflows on September 22, led by BlackRock’s iShares Ethereum Trust, reversing a four week outflow streak noted just a day earlier. The reversal coincided with ETH withdrawals from Binance reaching a monthly average of more than 90,000 transactions, a pace not seen since 2023.
Key Takeaways
ETH trades near $2,733, down slightly over the past 24 hours but up 13.81% over the past week, holding most of its gains from this month’s sharp rally.
Spot Ether ETFs attracted $270 million in inflows on September 22, led by BlackRock’s iShares Ethereum Trust, reversing the four week outflow streak that had been in place just a day before.
ETH withdrawals from Binance reached a monthly average of more than 90,000 transactions, the highest pace since 2023, a signal analysts interpret as sustained long term holding that reduces readily available sell-side supply.
BitMine added another 27,562 ETH to its treasury on September 22, extending the largest Ethereum-focused treasury firm’s ongoing accumulation.
Ethereum has delivered its best third quarter performance in history, gaining roughly 60.62% as of mid September alongside $10 billion in cumulative ETF inflows for the quarter.
Ethereum Market Overview
| Metric | Value |
|---|---|
| Price | $2,732.88 |
| 24h Change | -0.53% |
| 7d Change | +13.81% |
| Market Cap | ~$333.61 billion |
| 24h Volume | ~$14.76 billion |
Ethereum News Today: Price Analysis
Today’s combination of returning ETF inflows and a three year high in exchange withdrawals paints a genuinely constructive picture for Ethereum’s near term supply and demand balance. The $270 million ETF inflow on September 22 specifically reverses the outflow trend that had been building over the prior four weeks, suggesting institutional sentiment toward Ethereum has turned more decisively positive following the broader market’s rally this week.
The elevated pace of Binance withdrawals matters structurally as well. When large volumes of ETH move off exchanges at a sustained pace, it typically signals holders moving coins into long term storage or staking rather than positioning to sell, which tightens the readily available supply on order books. Combined with BitMine’s continued accumulation, this week’s on-chain and institutional signals both point in the same direction even as Ethereum’s best quarterly performance on record adds a historic backdrop to the current move.
Why Is Ethereum Trending Today?
Ethereum is trending today on the reversal of its recent ETF outflow streak, a three year high in exchange withdrawals signaling accumulation, and continued institutional buying from BitMine, all arriving during the asset’s best quarterly performance on record. For the full market picture, see crypto market today, and for today’s other headlines, check crypto news today.
What This Means for the Days Ahead
Whether today’s ETF inflow reversal extends into a sustained streak will be the key signal to watch, particularly alongside continued exchange withdrawal data in the days ahead. If both trends persist together, they would reinforce the case that Ethereum’s rally reflects genuine accumulation rather than short term momentum trading alone.
See how other majors are trading today via Bitcoin News Today, XRP News Today, Zcash News Today, and Hedera (HBAR) News Today.
Compare Crypto Prices Today
| Asset | Price Page |
|---|---|
| Bitcoin | Bitcoin Price |
| Ethereum | Ethereum Price |
| XRP | XRP Price |
| Solana | Solana Price |
| BNB | BNB Price |
| TRON | TRON Price |
Where to Buy Ethereum
Ethereum can be bought on major exchanges including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX, and Bybit. For a look at other platforms accepting crypto, see our crypto casinos guide.
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile; always do your own research before investing.
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