{"id":9880,"date":"2025-09-05T09:50:29","date_gmt":"2025-09-05T09:50:29","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ethereum-price-holds-steady-as-binance-exchange-supply-shrinks-sparking-hopes-of-a-rally\/"},"modified":"2025-09-05T09:50:37","modified_gmt":"2025-09-05T09:50:37","slug":"ethereum-price-holds-steady-as-binance-exchange-supply-shrinks-sparking-hopes-of-a-rally","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ethereum-price-holds-steady-as-binance-exchange-supply-shrinks-sparking-hopes-of-a-rally\/","title":{"rendered":"Ethereum price holds steady as Binance exchange supply shrinks, sparking hopes of a rally"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Shrinking exchange balances on Binance suggest Ethereum holders are pulling coins off the market, a move that could tighten supply and set the stage for next rally.<\/p>\n<div id=\"cn-block-summary-block_19acb12e0e0922e771babdfa2fc260dd\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ethereum price is at $4,330, consolidating just under $4,400 after a late August peak.<\/li>\n<li>Binance\u2019s Ethereum supply ratio fell from 0.041 to 0.037, suggesting reduced sell pressure.<\/li>\n<li>Ethereum\u2019s chart shows consolidation, with key resistance at $4,480 and support at $4,240 shaping the next move.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>At the time of writing, Ethereum (ETH) was down 0.9% for the day at $4,330. The asset peaked at $4,946 in late August and has been consolidating just below $4,400. Ethereum\u2019s structure is intact despite the slight decline, and on-chain data points to a potential tightening of sell-side liquidity.<\/p>\n<h2 class=\"wp-block-heading\">Exchange balances show decline<\/h2>\n<p>According to a Sept. 4 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68ba1947673055350a1c0d08-Ethereum-on-Binance-A-decline-in-exchange-available-supply-amid-notable-price-st\" target=\"_blank\">analysis<\/a> by CryptoQuant contributor Arab Chain, Ethereum\u2019s Exchange Supply Ratio on Binance, the largest holder of ETH among exchanges, dropped sharply between mid-August and early September. The ratio slid from 0.041 to below 0.037 in just two weeks, marking the steepest decline in the observed period.<\/p>\n<p>What sets the decline apart is the absence of a significant price correction. Ethereum stayed steady at $4,400 even as coins left Binance wallets, suggesting that investors are increasingly moving their assets into self-custody rather than keeping them available for trading.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Such actions have historically been a sign of market confidence. Because there is less ETH available for immediate sale, lower exchange balances reduce potential sell pressure. Combined with stable prices, this pattern often occurs before a shift into a new bullish phase.<\/p>\n<h2 class=\"wp-block-heading\">Ethereum price technical analysis<\/h2>\n<p>Ethereum\u2019s daily chart shows the price consolidating following its August peak. The narrowing Bollinger Bands indicate low volatility and a possible breakout.<\/p>\n<p>Momentum readings are balanced. The relative strength index, at 51, is neutral while the MACD is slightly bearish. The larger uptrend is maintained by the strong support at $4,240.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Ethereum daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>While the short-term signals of the 10- and 20-day moving averages point to weakness, the 30-, 50-, 100-, and 200-day moving averages all lean bullish, reflecting consistent long-term strength.<\/p>\n<p>Ethereum may target $4,600 if it can overcome resistance at $4,480. If selling pressure increases, a deeper correction is likely. Failure to hold above $4,240 could open a move toward $4,050.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shrinking exchange balances on Binance suggest Ethereum holders are pulling coins off the market, a move that could tighten supply and set the stage for next rally. Summary Ethereum price&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9880"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9880\/revisions"}],"predecessor-version":[{"id":9881,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9880\/revisions\/9881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4890"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}