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Binance User BTC Holdings Rise 2.55% in Latest Proof of Reserves
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Binance released its 45th Proof of Reserves report, based on a snapshot taken on August 1. User BTC holdings rose 2.55% to about 657,000 BTC, an increase of 16,349 BTC from July 1. User ETH holdings fell 2.57% to about 3.98 million ETH, down 105,154 ETH. User USDT holdings also declined 2.57% to about 32.9 billion USDT, a decrease of roughly 870 million USDT.
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