Ethereum Surges Past $2.63K as Wallets and Withdrawals Soar
- Ethereum’s price rose above $2,630 on September 18, marking its highest level since January.
- The number of wallets with non-zero balances reached a record high of 207.17 million.
- Average monthly Ethereum withdrawal transactions from Binance exceeded 90,000, the highest since early this year.
- Over 40 million ETH are currently staked, supporting long-term holdings.
- Ethereum accounts for approximately $50 billion in total value locked across decentralized finance platforms.
The recent surge in Ethereum’s price coincides with increased activity among large holders and a growing number of wallets, indicating heightened interest in the asset despite market volatility.
With average monthly withdrawals from Binance reaching over 90,000, investors appear to be moving Ethereum into private custody for long-term storage.(Source)
