Binance Ethereum reserves hit three-month low

Ethereum reserves on the Binance exchange have dropped to approximately 3.74 million ETH, marking a three-month low. This decline is part of a broader trend where total reserves across major exchanges have reached a multi-year low of roughly 14.88 million ETH.

This reduction in exchange-held tokens suggests a tightening liquidity supply, which may reduce immediate selling pressure. This supply shift coincides with record Ethereum staking participation, with approximately 43.1 million ETH—representing 35.9% of the circulating supply—currently staked.

While the constrained liquid supply could make Ethereum more sensitive to buying pressure, market analysts note that price direction remains dependent on whether spot demand expands alongside these declining reserves.