Ethereum Holders Turn to Self-Custody Amid Rising Exchange Withdrawals

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network has continued to see a steady movement of funds away from centralized exchanges (CEX), with Coinglass reporting a total net withdrawal of 6,844.49 ETH over the past day Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6844.49 ETH in the Last 24 Hours[^2] [ 2 ]. This trend is part of a larger shift in user activity away from CEX platforms, as another report noted a net outflow of 48,200 ETH during the same timeframe Data: The trend of Ethereum withdrawals continues, with a net outflow from CEX[^1] [ 1 ]. While the numbers differ, likely due to different data sources or reporting periods, both sets of data highlight the ongoing transfer of Ethereum from exchange accounts to personal wallets or decentralized finance (DeFi) platforms.

Binance topped the list for ETH withdrawals, with users pulling out 57,200 ETH in the last 24 hours Data: The trend of Ethereum withdrawals continues, with a net outflow from CEX[^1] [ 1 ]. Bybit followed with 5,820.42 ETH withdrawn, and

Pro saw 3,853.37 ETH leave its platform. These numbers point to a notable dispersal of assets from leading exchanges, possibly as users opt for self-custody in response to market swings or regulatory uncertainty. On the other hand, Kraken experienced an inflow of 2,007.13 ETH Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6844.49 ETH in the Last 24 Hours[^2] [ 2 ], and KuCoin received 6,094.13 ETH Data: The trend of Ethereum withdrawals continues, with a net outflow from CEX[^1] [ 1 ], suggesting that demand varies by region or platform. The data reveals a mixed picture, with some exchanges losing ETH while others gain, possibly reflecting different user strategies or local market trends.

This ongoing net outflow appears to be in line with broader changes in economic conditions and investor sentiment. The Federal Reserve’s recent interest rate cuts, including a 25 basis point decrease in September 2025, have affected global capital movement as investors reconsider their risk profiles. Still, the pattern of Ethereum withdrawals seems more closely linked to blockchain activity than to macroeconomic events, as there is no clear evidence connecting the Fed’s actions to the CEX outflows. Experts suggest these fund movements are more likely tied to short-term trading or long-term portfolio adjustments, rather than indicating a fundamental market shift Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6844.49 ETH in the Last 24 Hours[^2] [ 2 ].

The data also prompts questions about whether institutional or individual investors are driving this trend. While large transactions—such as a recent 277,000 SOL deposit to a CEX Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6844.49 ETH in the Last 24 Hours[^2] [ 2 ]—show that some assets are moving into exchanges, Ethereum’s outflows indicate a more widespread user shift. This could point to increasing trust in Ethereum’s broader applications, like staking or DeFi, or be a reaction to exchange fees and liquidity. However, without direct statements from major exchanges or regulators, the reasons remain open to interpretation.

Traders and analysts are watching closely to see how these outflows might affect Ethereum’s price and the overall stability of the crypto market. While less ETH on exchanges could mean lower liquidity and impact trading activity, it does not automatically signal negative sentiment. Instead, it may reflect a growing preference for decentralized solutions, a trend that has gained momentum with Ethereum’s recent upgrades and the rise of layer-2 networks. Analysts emphasize that more data is needed to determine if this is a temporary cycle or a lasting change in how crypto is used and stored Ethereum Withdrawal Trend Continues, with CEX Net Outflow of 6844.49 ETH in the Last 24 Hours[^2] [ 2 ].