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How $2.7B Ethereum outflow from Binance stirred ETH rally hopes

How .7B Ethereum outflow from Binance stirred ETH rally hopes

Journalist

Posted: September 3, 2025

Source: CryptoQuant

ETH steadies above support levels
At press time, ETH traded at $4,384, managing to stay above its 20-day EMA at $4,375 despite recent pullbacks. The price action  consolidated after a strong August rally, with buyers defending short-term support zones.

Source: TradingView

The RSI showed neutral momentum. Meanwhile, the 50, 100, and 200-day EMAs trended upward; so the broader structure remains bullish.

This cooling-off phase indicates that ETH is digesting gains rather than breaking down, keeping bulls in control as long as the $4,300-$4,375 support range holds firm.

Next: Hyperliquid caught between $36 support and $50 resistance: Where next?

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