Binance’s latest report reveals a 2.55% increase in BTC holdings while ETH and USDT balances fell as of August 1.
Binance published its 45th Proof of Reserves report, reflecting asset holdings as of August 1. User BTC holdings rose 2.55% to 657,000 BTC, an increase of 16,349 BTC from the prior snapshot on July 1.
ETH holdings declined 2.57% to 3.98 million ETH, a drop of 105,154 ETH. USDT balances also fell 2.57%, decreasing by 870 million to 32.9 billion USDT. The report provides a snapshot of user asset collateralization without additional market commentary.