Ethereum Reserves on Binance Fall But Price Keeps Sliding

According to a report shared by CryptoQuant, Ethereum’s exchange reserve on Binance continues to decline, indicating that ETH is being withdrawn from the platform. Under typical market conditions, shrinking exchange balances are interpreted as bullish, as reduced available supply can tighten sell-side liquidity. source: https://www.ethnews.com/ethereum-reserves-on-binance-fall-but-price-keeps-sliding/