Storing the blade in alcohol will draw water out of the metal.
Dipping the blade in alcohol will draw water out of the metal.
A quick shake and pat dry with a tissue will remove the alcohol and the water.
How does storing the blade in alcohol affect oxidization, if at all? I was told by a chemist once that since air can't get to the residual moisture on the blade when it is stored in oil or alcohol, then oxidization cannot take place, thereby extending the life of the blade's sharp edge. For years I kept my Gilette cart stored in mineral oil between shaves. Definitely extended the life of the cart.