Binance Halts ETH Deposits and Delists Three Altcoins
Ethereum (ETH)
Editor:
Eugene Serbin
Cryptopotato.com reports that Binance is suspending Ethereum network deposits and withdrawals on August 27 for approximately one hour to support wallet maintenance. The exchange assured users that trading would continue unaffected while it handles technical requirements for the brief pause. This maintenance follows similar routine operations on the Ethereum blockchain in May and on the TRX network earlier this year, with no reported issues.
Additionally, Binance announced the delisting of ICON (ICX), Secret (SCRT), and Storj (STORJ), with spot trading pairs removing on September 3. The decision resulted from a review of criteria including team commitment, network stability, community engagement, trading volume, and liquidity. Since the announcement, affected coins have seen declines, with SCRT dropping 25% in 24 hours.
Binance cited shrinking liquidity and reputational damage as consequences of withdrawing support. Previous delistings in August and June also triggered double-digit price drops for tokens like PIVX and PYR.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 26 August 2026. Not the outlet's figures.
ETH is trading at $2,506.78 with a 1-hour buy ratio of 55.0%, indicating strong immediate buying pressure compared to the 4-hour ratio of 40.4%. The 24-hour buy ratio sits at 51.2%, suggesting that while buying is present, it is less dominant over the full day than in the short term. Volume Delta shows +$7,944,358 in the last hour, contrasting with a -$11,321,838 outflow over 4 hours, though the 24-hour delta remains positive at +$14,758,006. This indicates that recent trades are favoring buyers, even as longer-term flows have seen net selling. The Cumulative Volume Delta closed at +$18,069,472, confirming net buying pressure over the day. Spot volume reached $617,837,179 across 2,687,659 trades.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Twenty-four hours later
What ETH did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 51.4%, making today's 24-hour ratio of 51.2% nearly identical to the weekly norm. However, today's spot volume of $617,837,179 is only 0.48x the weekly average, indicating significantly lower trading activity than usual. The coin experienced net buying on 6 of the past 7 days, with a total Volume Delta of +$343,346,378 over eight days. Price rose 11.3% over the eight-day period, showing a positive trend despite today's lower volume. This represents an ordinary pattern of net buying but with unusually subdued volume compared to the weekly baseline.