Is there some news of it being over-fished leading you to the impression?
Although this fish also comes from Myanmar, it is found in different areas from Danio margaritatus (new classification for Celestichthys margaritatus).
Danionella translucida is found in Pegu Division of Myanmar while Danio margaritatus is found near Hopong, east of Inle Lake. Danionella sp. are transparent fish, so they are not in much demand as compared to Danio margaritatus and therefore, no existing fear of them being overfished (yet).
Here is a picture of the fish, http://www.danios.info/fish/translucida.aspx









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