Binance's $BTC reserves have fallen from around 730,000 coins to 673,700 coins since October 29, a decrease of around 56,000 coins (7.7%).
First, on November 8, the platform announced that withdrawals of HYPE and APT would resume ahead of schedule, following the October 29 incident.
Second, the $ETH reserve fell from around 3.48 million to 3.08 million coins, a drop of around 400,000 coins (11.5%).
Third, stablecoin reserves on the Ethereum chain fell from about $41 billion to $32 billion, a drop of around $9 billion (22%).
These figures are estimates based on CryptoQuant data and do not, on their own, confirm a single cause for the decline.
If HYPE and APT withdrawals indicate renewed confidence, pressure on liquidity within the platform may ease—but that remains a possibility, not a confirmed outcome.
What’s worth remembering: watch the gap between withdrawals returning and reserves falling; the two trends don’t always align.
Do you see this decline as user withdrawals or a redistribution of balances? 👇
#BTC #Reserves
This content is for informational purposes only and is not financial advice.
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