Ethereum Holds Near $2,733 as Exchange Withdrawals Hit Three-Year High

According to BlockchainReporter, Ethereum traded near $2,733 on September 23, 2026, holding steady after spot Ether ETFs attracted $270 million in inflows on September 22. BlockchainReporter noted this was led by BlackRock's iShares Ethereum Trust, reversing a four-week outflow streak. This reversal coincided with ETH withdrawals from Binance reaching a monthly average of over 90,000 transactions, a pace not seen since 2023.

BlockchainReporter reported that BitMine added another 27,562 ETH to its treasury on September 22, extending the accumulation of the largest Ethereum-focused treasury firm. Furthermore, 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. Analysts interpret the elevated pace of Binance withdrawals as sustained long-term holding that reduces readily available sell-side supply. BlockchainReporter stated that Ethereum's price was $2,732.88, reflecting a 24-hour change of -0.53% and a 7-day change of +13.81%, with a market capitalization of approximately $333.61 billion and a 24-hour trading volume of approximately $14.76 billion.