Summary
- Binance announced that it has maintained an over 100% reserve ratio for 32 consecutive months.
- It was reported that holdings of Bitcoin (BTC) and Ethereum (ETH) decreased by 3.27% and 5.34%, respectively.
- Holdings of Tether (USDT) increased by 2.64% over the same period, reaching 29,596,540,000 USDT.
The global cryptocurrency exchange Binance has maintained a reserve ratio exceeding 100% for 32 consecutive months.
According to WuBlockchain on the 9th (local time), Binance announced this through its 32nd Proof of Reserves report.
Specifically, Bitcoin (BTC) holdings amounted to 573,997, a 3.27% decrease compared to June 1 (local time). Ethereum (ETH) holdings also fell by 5.34% during the same period, totaling 5,051,997. On the other hand, Tether (USDT) holdings increased. Tether rose 2.64% over the same period, reaching 29,596,540,000 USDT.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
