Binance's Ethereum reserves are dwindling. According to CryptoQuant, reserves of $ETH at Binance have fallen to around 2.9 million ETH, their lowest level in five years, amid selling pressure and ETF outflows.

This means there is less ETH held on exchanges. But this is just a snapshot of the data, not a definitive sign of what lies ahead. Remember to manage your risk 📊

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