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Ethereum Withdrawals From BitMart Surge to 12-Month High After Wind-Down Notice

On-Chain Data Capital Flow

2026-07-28 10:21:55

ETH-4.61%

According to CryptoQuant data, Ethereum withdrawals from BitMart surged to a 12-month high after the exchange reopened withdrawals within the last day. BitMart announced on July 26 that it would wind down trading entirely, halting registrations, deposits, and new orders effective immediately. Full trading services end on August 26, with withdrawals remaining open through January 2027.

The withdrawal spike reflects users rushing to move funds before the final deadline. BitMart had briefly frozen withdrawals before reopening them, triggering the exodus. ETH has remained stable near $1,881 according to BeInCrypto data, with broader market trading volume unaffected by the news, suggesting the impact remains contained to BitMart's user base.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Ethereum Staking Hits Record 40.2M ETH as Blockchain Activity Climbs Despite Falling Revenue

ETH Shorts Liquidated for $113M as Ethereum Hits $1,980 on July 27

BitMart Withdrawals Slow to $805K in 24 Hours, BMX Token Plunges 81.5 Over Week

BitMart Begins Shutdown on July 26, Halts Trading Services by Aug. 26, 2026

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