I spent quite a while discussing this with a friend: Binance saw over 320,000 ETH withdrawal transactions in a single day, and its reserves fell to a six-month low.
The event itself is nothing dramatic; what’s worth paying attention to is the trend it reflects.
I usually don’t adjust my position based on a single news item, unless the market is also sending a signal.
$ETH .

#ETH

Don’t take any of this as a buy or sell signal.