Ethereum exchange reserves drop by 300,000 ETH as bullish momentum builds toward $2,665 resistance

17-5-2025 – Ethereum (ETH) has witnessed a significant shift in market dynamics, with its reserves on Binance dwindling from 4. 1 million ETH to 3. 9 million ETH since mid-April 2025—a reduction of 300,000 ETH. This decline reflects a growing trend among investors to prioritise long-term holding and decentralised protocols, easing the sell-side pressure typically exerted by [ source: https://www.cointrackdaily.com/ethereum-exchange-reserves-drop-by-300000-eth-as-bullish-momentum-builds-toward-2665-resistance/