Ethereum's Binance Supply Shrinks, Signaling Potential Bull Run

Ethereum (ETH) has recently experienced significant outflows from the Binance exchange, causing its Exchange Supply Ratio (ESR) to drop below 0.037. This development, occurring while ETH's price remained relatively stable between $4,200 and $4,500, suggests a potential supply crunch and is being interpreted by analysts as a bullish setup for the cryptocurrency.