Ethereum Reserves On Binance Slide To 4.0M ETH As Exchange Supply Hits 2016 Low

Ethereum has fallen back under the $3,000 mark, trading near $2,970 as selling pressure weighs on price while key resistance levels cap upside attempts. At the same time, on-chain data shows ETH balances on centralized exchanges have declined to about 16.2 million ETH, with Binance’s holdings dropping from roughly 4.168 million ETH to around 4.0 million ETH since early 2026, signaling a tighter supply backdrop.