Ethereum Supply Tightens On Binance As Reserves Hit Lowest Level Since 2016

Ethereum has slipped below the $3,000 level again as selling pressure returns across the broader crypto market, keeping bulls on the defensive after a brief recovery attempt. The move back under this psychological zone suggests that traders remain cautious, with downside volatility re-emerging as risk appetite fades and liquidity thins near key support levels.However, while price action looks heavy in the short term, on-chain data is flashing a different signal beneath the surface. According to