📉 Ether (ETH) declines while Bitcoin (BTC) and Tether (USDT) remain stable in Binance's 10th Reserves Report 💰 The report shows that BTC and USDT deposits remained stable or increased slightly, while ETH holdings fell by 4.3 %. 🤔 What do you think is behind these changes? Let's discuss in the comments! 👇
- The report states that Binance holds about 588,000 BTC, 3.89 million ETH (down 4.3%) and 15.44 billion USDT (up 1%).
- There are 4.71 million ETH and 276,215 BTC in cold storage.
- On BNB Chain, users have staked 1.18 million ETH and 311,821 BTC, as well as 1.86 billion USDT out of a total of 13.6 billion USDT.
Binance's reserves report confirms its financial strength and transparency, which increases user confidence in an environment of intense competition and frequent market volatility.