[Analyst: Investors May Be Taking Advantage of Price Drop to Withdraw Assets; Binance's ETH Reserves Fall to Nearly Five-Year Low] According to Odaily Planet Daily, crypto analyst Darkfost stated that Binance's ETH reserves have fallen to approximately 2.9 million, a new low since 2021. In July 2025, Binance's ETH reserves still exceeded 5 million, when the ETH price was close to $5,000; since then, the ETH price has corrected by more than 63%, while Binance's ETH reserves have decreased by nearly 42% during the same period. Darkfost pointed out that the continued decline in exchange reserves may mean that some investors are accumulating ETH during the price drop and transferring assets to personal wallets or for DeFi yield strategies. Binance's 30-day moving average net inflow has also been mostly in negative territory over the past period, indicating that ETH outflows have consistently exceeded inflows. However, exchange withdrawals do not directly prove that investors are increasing their holdings. In the long run, if exchange reserves continue to decline, it may reduce the supply of ETH available for immediate sale in the market, creating a more favorable supply and demand environment when demand recovers.