Ethereum volume on Binance reaches its lowest level in 18 months.
Date: 2025-11-12 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
Analysts noted that Ethereum volume on Binance has fallen to its lowest level since May 2024. According to the CryptoQuant platform, the ETH supply on the exchange steadily declined throughout the summer and fall of 2025, reaching its lowest level in 18 months by November.
After the June-July peak, users began actively withdrawing coins from the exchange. Experts believe that this movement is often interpreted as a positive signal for the market: investors prefer to keep the asset in cold wallets, which reduces the available supply and reduces price pressure.
The report also notes that in August and September 2025, the Ethereum price fluctuated between $4,500 and $5,000, but later fell to around $3,500. Analysts believe this decline could be due to profit-taking, with some traders selling their holdings at the peak and storing them for the long term.
"The current trend of depleting ETH reserves on Binance could lead to reduced market liquidity. If demand for the asset increases, this could support a resumption of the uptrend and price stabilization," CryptoQuant stated in a statement.
However, analysts warn that waning investor interest or reduced network activity could slow growth and lead to sideways price movement. In such a case, Ethereum could remain in a range without a clear trend for the coming months.
A decline in ETH volumes on centralized exchanges is often seen as a signal of a transition to an accumulation phase. Market participants expect that such processes could pave the way for future growth, especially if macroeconomic conditions and risk appetite in the crypto market improve.
CryptoQuant specialists previously reported on the return of institutional investors to the Ethereum ecosystem. Their activity could be an additional factor supporting the recovery of the ETH price and increasing interest in the asset among long-term holders.
Amid the continued decline in supply and growing institutional attention, market participants will closely monitor Ethereum's performance on Binance, viewing current trends as the possible beginning of a new accumulation cycle.
