The post Ethereum Could Be Poised for Breakout as 630,000 ETH Leaves Binance Reserves appeared on BitcoinEthereumNews.com.

Ethereum exchange outflows show large-scale accumulation as withdrawals from major exchanges — led by Binance — removed over 630,000 ETH in late August, tightening supply and suggesting whales and long-term holders are positioning ahead of a potential breakout. Record Binance outflows: 630,000 ETH withdrawn between Aug 23–31 Exchange reserves are declining while on-chain inflows to long-term addresses rose in July–August per on-chain analytics. ETH price remains above short-term support ($4,300–$4,375) with 20-day EMA holding and bullish longer EMAs. Ethereum exchange outflows surge as Binance withdrawals hit 630,000 ETH; monitor support at $4,300–$4,375 and on-chain accumulation into cold storage. Read analysis and takeaways. What are Ethereum exchange outflows and why do they matter? Ethereum exchange outflows refer to ETH moving off centralized exchanges into private wallets or cold storage, reducing available sell-side liquidity. Sustained outflows typically indicate accumulation by long-term holders or institutions and can tighten market supply, which may support higher prices if demand persists. How did on-chain data show accumulation in July and August? Glassnode-style indicators show consistent inflows to long-term holder (LTH) addresses through July and August, with several weeks surpassing ~500,000 ETH in cumulative demand. Concurrently, supply leaving centralized exchanges increased, reinforcing a net accumulation signal. Analysts cite on-chain metrics and exchange reserve trends as key evidence. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Between August 23 and 31, Binance reserves recorded withdrawals totalling approximately…

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Filed under: News - @ September 3, 2025 6:24 am