Binance's Ethereum reserves have dropped to 3.3 million ETH, falling below previous lows of 3.53 million in February 2024 and 3.49 million in August 2024, according to CryptoQuant analyst Amr Taha. Bitcoin reserves have also decreased from approximately 670,000 BTC in early February to 636,000 BTC in early April. Meanwhile, stablecoin balances on the exchange have expanded, with USDT reserves increasing from $35 billion on March 12 to $38 billion on April 2, and USDC reserves rising from $4.6 billion in February to $6.6 billion. This trend suggests a potential easing of short-term selling pressure, as increased stablecoin balances could lead to heightened spot demand if buyers begin utilizing these reserves.