Ethereum Price Slides as Binance Reserves Fall: Why Isn’t Supply Shock Working?

The post Ethereum Price Slides as Binance Reserves Fall: Why Isn’t Supply Shock Working? appeared first on Coinpedia Fintech News The Ethereum price keeps falling, despite supply on Binance keeps shrinking. Normally, declining exchange reserves are bullish and many immediately speculate for a rally. Coins leave exchanges, sell pressure drops, price rises. That’s the textbook theory. But markets don’t care about textbooks, it works in a more twisted way and ordinary textbook theories don’t always …