Binance Crypto Holdings: BTC & ETH Decline, BNB Surges in October 2024 Report 🚀

Binance’s October 2024 Proof of Reserves snapshot reveals major shifts in its crypto holdings:

$BTC holdings dropped 1.58% (-9,577 BTC) 📉, now at 596,000 BTC.
ETH reserves fell 1.37% (-61,000 $ETH ) 📉, while USDT saw the sharpest decline at 3.16%, losing $698M 💸.
Meanwhile, $BNB surged 2.17% (+882,454 BNB) 🔥, signaling Binance’s focus on its native token 🏆.

These changes suggest Binance is rebalancing in response to market volatility, leaning more into BNB as a key asset in its ecosystem. How this strategy evolves remains to be seen! 📊
#bitcoin #ethreum #Xrp🔥🔥