Binance's reserves took a real hit after the hack.
Per CryptoQuant data:
• BTC reserves: ~730K → 673,700 (about -56,000)
• ETH reserves: ~3.48M → 3.08M (about -400,000)
• Stablecoin reserves: ~$41B → ~$32B
Latest daily net inflow is only ~$27.9M, so refilling is slow. Binance did reopen HYPE and APT withdrawals early.
My take: reserves matter less than whether users keep trusting the exchange. Watch the net-flow line over the next week.
Are you keeping coins on exchanges right now, or moving to self-custody? $BTC $ETH $BNB
#Binance #CryptoSecurity #Bitcoin
Per CryptoQuant data:
• BTC reserves: ~730K → 673,700 (about -56,000)
• ETH reserves: ~3.48M → 3.08M (about -400,000)
• Stablecoin reserves: ~$41B → ~$32B
Latest daily net inflow is only ~$27.9M, so refilling is slow. Binance did reopen HYPE and APT withdrawals early.
My take: reserves matter less than whether users keep trusting the exchange. Watch the net-flow line over the next week.
Are you keeping coins on exchanges right now, or moving to self-custody? $BTC $ETH $BNB
#Binance #CryptoSecurity #Bitcoin