Ethereum exchange reserves on all exchanges crash to a new multi-year low
Despite Ethereum (ETH) price plunging by more than 7% over the past 7 days through October 9, 2026, its reserves on all cryptocurrency exchanges (CEXs) have experienced a freefall to a new multi-year low. Ethereum’s reserve simple moving average (SMA (30) on all crypto exchanges was at 14,742,387.9 ETH on Friday, according to data Finbold analyzed from CryptoQuant . Ethereum exchange reserve on all cryptocurrency exchanges. Source: CryptoQuant The supply of available ETH, SMA (30), on all CEXs has plummeted by 6,382,160.7 Ethereum, or a decline of 30.21%, down from 21,124,548.6 ETH on July 18, 2025. The recent capitulation of ETH reserves on all crypto exchanges was catalyzed by Binance, the leading cryptocurrency exchange (CEX) in daily trading volume and registered users. Notably, Ethereum’s reserve on Binance SMA (30) was at 3,574,345.43 ETH at the time of writing. As a result, Binance’s supply of ETH has fallen by 256,187.79 ETH, or a 6.69% down...