Ethereum News Today: ETH Holds Near $2,733 as Exchange Withdrawals Hit Three-Year High

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.