In summary
Binance customers added 6,217 BTC in September and reduced their holdings by 183,602 ETH.
Binance holds more than 100% of customer deposits, but its Bitcoin buffer is just 0.35%.
The Binance report gives no reason, but price and sentiment data offer clues.
Read the original story, “Are Binance Users Selling Ethereum to Buy Bitcoin?” by Lockridge Okoth on es.beincrypto.com