Binance ETH, BTC Reserves at Multi-Year Lows

Binance, the world's largest cryptocurrency exchange, is experiencing a marked shift in its reserve composition, with Ethereum and Bitcoin holdings reaching multi-year lows while stablecoin balances surge, according to on-chain data from analytics firm CryptoQuant. This trend, observed as of early April 2026, points to reduced selling pressure and building liquidity among traders, potentially setting the stage for price stabilization or gains in major digital assets.

Ethereum reserves on Binance have fallen to 3.3 million ETH, the lowest level since February 2024, when they stood at 3.53 million ETH, and below the August 2024 low of 3.49 million ETH. Bitcoin reserves have similarly declined, dropping from 670,000 BTC in early February to 636,000 BTC by early April. These net outflows indicate that users are actively withdrawing coins, often moving them to cold storage or staking rather than holding them for immediate sale. CryptoQuant analyst Amr Taha described the pattern as creating "a more supportive setup for price expansion" if the trend persists, noting that fewer coins on the exchange diminish the supply available for quick liquidation.