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Large Ethereum Wallet Pulls Funds From Binance as ETH Slips

A reported Ethereum withdrawal from Binance comes amid broad market weakness and heavier-than-usual pressure on ETH.

A reported Ethereum withdrawal from Binance comes amid broad market weakness and heavier-than-usual pressure on ETH. Ethereum (ETH) is trading at ₹1,98,238 ($2,107.85), down 0.7% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Mon, 09 Nov 2026 11:00:01 UTC.

Why it matters

The transfer places renewed attention on exchange-held Ethereum and near-term liquidity, although the summary provides no amount, destination, or indication of the wallet holder's intent.

Key takeaways
  • Coinfomania reports a significant Ethereum withdrawal from Binance.
  • ETH trades at $2,121.85, down 4.99% over 24 hours.
  • Ethereum's seven-day decline stands at 7.10%.
  • The broader crypto market is broadly lower, with Fear & Greed at 29.

Coinfomania reports that a notable Ethereum wallet withdrew a substantial amount of ETH from Binance. The report does not specify the size of the transfer, the wallet's identity, its destination, or whether the assets were subsequently sold or moved elsewhere. The timing coincided with broad weakness across the crypto market. Ethereum was trading at $2,121.85, down 4.99% over 24 hours and 7.10% over seven days, while its market capitalization stood at $259.3 billion. Bitcoin was also lower, falling 1.62% over 24 hours.

The withdrawal is the only reported development and has not been independently corroborated by another outlet in the supplied coverage. No public transaction details or transaction amount were provided, so the report supports identifying the movement but not drawing a firm conclusion about its purpose or market impact.

Total crypto market capitalization was $2.56 trillion as the broader market moved broadly lower. The Fear & Greed Index stood at 29, placing sentiment in the Fear category. ETH's steeper daily and weekly declines show that the reported Binance withdrawal occurred against a backdrop of weak digital-asset prices rather than an otherwise broadly positive market.

The transfer may draw attention to the quantity of Ethereum held on exchanges and the implications for immediately available supply and trading liquidity. However, the available information does not establish whether the withdrawal represents selling, custody relocation, or another transaction. The figures to monitor are ETH's price response, the size and destination of the wallet movement, and whether further withdrawals from Binance are reported.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Ethereum (ETH) has moved from ₹1,99,554.66$2,121.85 to ₹1,98,237.99$2,107.85 — -0.66%.

$2,106$2,110$2,115$2,119$2,124 published · $2,122 now · $2,108 (-0.66%) Nov 9 08:23 UTC Nov 9 11:00 UTC
BeforeSince publishPublished · ₹1,99,554.66$2,121.85

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹210,753.38 (about $2,107.85), down 5.6% over 24 hours. The rupee itself trades about 6.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

₹1,98,237.99$2,107.85 ▼ 5.63%
-0.66% since this brief published
7d -8.20%MCap ₹24.23TFull ETH data →
The market when this published · November 9, 2026
Total market cap₹240.32T
Bitcoin 24h-1.62%
Ethereum 24h-4.99%
BTC dominance58.6%
Fear & Greed29 · Fear

Large Ethereum Wallet Pulls Funds From Binance as ETH Slips — questions & answers

How much Ethereum was withdrawn from Binance?

Coinfomania described the amount as significant but did not provide a figure, so the withdrawal's size cannot be quantified from the available report.

Did the wallet sell the withdrawn Ethereum?

The report does not say. It provides no destination, transaction details, or evidence that the assets were sold.

How was Ethereum trading during the report?

ETH was priced at $2,121.85, down 4.99% over 24 hours and 7.10% over seven days, while Fear & Greed stood at 29.

How much is 1 Ethereum worth in rupee today?

About ₹210,753.38 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,107.85. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is down 0.66% since this brief first published — trading at ₹1,98,238 ($2,107.85) now versus ₹1,99,555 ($2,121.85) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBinance Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 9, 2026 ⛓ Timestamped at Bitcoin block #975,153 sha256:37952e14f2785f13
Based on reporting by Coinfomania — this is an original Token Times summary with live market data, not the original article.Coinfomania · Nov 9 08:23 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.