The 45th Proof of Reserves report from Binance showed an increase in user Bitcoin balances, while Ethereum and Tether balances declined. Approximately 657,000 BTC was held by users, increasing by 16,349 BTC monthly. Ethereum balances fell by 2.57% to around 3.98 million ETH, and USDT balances declined by approximately 870 million tokens. Binance reported 100.25% reserve ratios for both Bitcoin and Ethereum. The report does not indicate the reasons behind individual balance changes.

Leave a Reply