🟡 Binance's Reserve: What Is the Exchange Holding? #Binance has published its 45th Proof of Reserves report, showing that major user assets remain backed at or above 100%. The August snapshot shows: • 658,293 $BTC in Binance wallets - 100.25% coverage • around 3.98M ETH - 100.25% coverage • $34.1B in user USDT balances - 103.62% coverage • XRP reserves - 100.84% coverage • $BNB - 100.82% • SOL - 100% • USDC - 107.64% • USD1 - 112.8% The biggest change came from Bitcoin: user BTC balances increased by 2.7% from the previous report 🔥 At the same time, ETH balances fell by 2.3%, while USDT holdings declined by 2.4%. Proof of Reserves does not replace a full financial audit, but it allows users to verify that Binance holds enough onchain assets to cover customer balances 1:1. #BTC Price Analysis# #Macro Insights#