Binance's Ethereum reserves have dropped to their lowest level in six months, with over 100,000 ETH (from 3.57 million to 3.47 million ETH) withdrawn from the exchange within just three days. This trend occurs as Ethereum's price faces a sharp correction, dropping from over $2,700 to $2,400. Analysts suggest that traders might be buying the dip, as a decrease in exchange reserves typically indicates increased withdrawals and can signal a bullish outlook when demand returns.