Ethereum sees $46.47M inflow as L2s outflow $100M
Ethereum (ETH)
Editor:
Eugene Serbin
lookonchain.com reports that Ethereum recorded a net inflow of $46.47 million over the past 24 hours, significantly outpacing Solana’s second-place position. This movement reflects a broader rebalancing trend where capital flows back to Ethereum while exiting Layer 2 platforms. Robinhood Chain, a broker-led Layer 2 launched in July 2026, experienced the largest net outflow, having previously seen on-chain fees surpass those of Ethereum and Solana.
Combined outflows from Robinhood Chain, Arbitrum, Hyperliquid, and other platforms exceeded $100 million. Specific outflows included $18.34 million from Hyperliquid and $69.55 million from four major Layer 2s. New stablecoin settlement chains also saw capital leaving, with Tether’s Plasma recording a $13.27 million outflow. Uniswap’s daily transaction count reached new highs, topping 9 million for four consecutive days driven by meme trading.
PONS market cap hit a record $850 million, surging 26% in 24 hours, while Qwerty posted a 10x paper return on Niu Lai. Meanwhile, trader Loracle saw unrealized losses on shorting PONS and CASHCAT widen to $6.3 million.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 5 September 2026. Not the outlet's figures.
ETH trades at $2,455.85 with a 1-hour buy ratio of 57.0%, indicating immediate buying interest that contrasts with the 48.5% ratio over the past 4 hours. The 24-hour buy ratio sits at 49.0%, suggesting that short-term buying pressure is fading as the day progresses. A positive volume delta of +$1,457,731 in the last hour shows recent net buying, but this is offset by a negative delta of -$1,352,998 over 4 hours. Over the full 24 hours, the volume delta is -$19,663,249, with a cumulative CVD of -$75,995,217, indicating sustained selling pressure throughout the day. Only 8 out of 24 hours saw net buying, highlighting a predominantly sell-side dominated session.
The latest daily buy ratio of 49.0% sits at the 42nd percentile of the last 281 days, against a median of 49.6% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Compared to the preceding week, today’s 24-hour buy ratio of 49.0% is 1.5 percentage points below the 7-day average of 50.4%. Volume for the day was 1.53 times the weekly average, showing significantly higher activity despite lower buying dominance. The week saw net buying on only 3 of 7 days, with a total volume delta of +$17,452,678 over 8 days. Today’s price change of +0.5% over 8 days aligns with the modest weekly performance. This represents an ordinary day for the coin, characterized by high volume but slightly weaker buying ratios than the weekly norm.