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Binance’s Total market Value Accounts Nearly $69 Billion

Author: Delma Wilson

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Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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Binance, the leading crypto exchange recently called off its partnership deal with bankrupt FTX after the firm learnt that FTX has mishandled its customer funds and alleged US agency’s investigations.

Now, Binance has disclosed a list of coldwallets and reserves which claims that the firm holds nearly 475,000 BTC, 4.8M Ether, 17.6B USDT, 601M USDC along with 21.7B BUSD and 58M BNB. These figures account for a total holding of nearly $69 billion as per present market prices. The firm has further stated that in the coming weeks it will release its Merkle Tree proof-of-funds.

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