Binance secures $155.6bn in reserves…BNB accounts for 22%

JOON HYOUNG LEE

Summary

Binance holds $155.6bn in reserves, the largest among cryptocurrency exchanges worldwide.
Binance’s reserves consist of about 32% Bitcoin (BTC) and 30.5% stablecoins.
BNB accounts for about 22% of the reserves, reflecting the exchange’s strategy and risk-management stance.

Global cryptocurrency exchange Binance was found to hold reserves worth $155.6bn (about KRW 227trn).

According to CoinMarketCap on the 4th (local time), Binance’s reserves totaled $155.64bn as of the end of last month, the largest among cryptocurrency exchanges worldwide.

OKX ranked second with $31.3bn, followed by Bybit ($14.2bn), Gate.io ($7.9bn) and HTX ($6.9bn).

Binance was calculated to hold about 32% of its reserves in Bitcoin (BTC). Roughly 30.5% of the reserves were in stablecoins. Binance’s native token, Binance Coin (BNB), also accounted for about 22% of the reserves.

CoinMarketCap said, “What’s interesting is the difference in reserve composition by exchange,” adding, “Even with similar liquidity, the mix of assets and their weightings clearly reflects each exchange’s strategy and risk-management stance.”