INJ Price Holds $4.74 as Transfer Guide Highlights Network Risks
Injective (INJ)
Editor:
Eugene Serbin
bitcoinethereumnews.com outlines the process for moving Injective (INJ) from Binance to the native blockchain on September 2, 2026. The guide notes INJ trades at $4.74, advising users to buy via Spot pairs like INJ/USDT before withdrawing to a Keplr wallet. Recipients must copy the inj address carefully, as mistakes can lead to lost funds, and should select the Injective network specifically rather than Ethereum or BNB Smart Chain.
The article warns that Binance may delay withdrawals for internal reviews, which does not necessarily indicate a network issue. On September 1, 2026, Injective experienced a temporary network pause due to a reported exploit, causing brief unavailability of Binance withdrawals. Users are advised to monitor exchange announcements and conduct test transactions before moving large amounts.
Those holding USDC can bridge via Circle’s CCTP using Ethereum if the Injective network is unavailable for direct withdrawal. The ecosystem continues to expand with integrations like LI.FI and new tokenization initiatives. Securing assets on-chain is presented as crucial for accessing staking and DeFi opportunities. The report emphasizes checking address formats and network selections to avoid errors.
How the market reacted
Whalio's own Binance spot order flow for INJ, measured when this story was written up on 3 September 2026. Not the outlet's figures.
Whalio data shows INJ trading at $4.77, with a 1-hour buy ratio of 51.4% indicating immediate short-term buying pressure. However, this momentum fades over longer timeframes, as the 4-hour buy ratio drops to 37.7% and the 24-hour ratio settles at 46.7%. Volume Delta reflects this divergence, showing a small net inflow of +$965 in the last hour but a significant net outflow of -$61,442 over four hours. Over the full day, net selling dominates with a Volume Delta of -$341,590 and a Cumulative Volume Delta (CVD) of -$280,504. The buy ratio measures the proportion of buy volume relative to total volume, while Volume Delta tracks the net difference between buy and sell volume. These figures suggest that while recent trades show slight aggression, the broader 24-hour trend is defined by sustained selling pressure.
The latest daily buy ratio of 44.2% sits at the 8th percentile of the last 281 days, against a median of 49.7% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for INJ, averaged over the days leading up to the story.
The current 24-hour buy ratio of 46.7% aligns exactly with the 7-day average of 46.7%, indicating no deviation from recent norms. Trading volume for the day sits at 0.86x the weekly average, suggesting activity is slightly below the typical pace. Over the preceding eight days, the coin has declined by 14.1%, with a total Volume Delta of -$3,540,642. This day represents one of only two days of net buying in the past week, highlighting a generally bearish trend. The current price action reflects a continuation of this weekly downtrend rather than a sudden shift in market sentiment.