Binance's latest Proof of Reserves report shows user Bitcoin holdings increased by $536.7 million in October compared to September, while Ethereum balances declined by $498 million. Reserve ratios for BTC and USDT improved during the period, with both maintaining coverage above 100%.
Ratios for BNB, USDC, XRP, and USD1 decreased slightly month-over-month but remained at or above the 100% threshold. The updated reserve data reflects shifting user asset allocations on the exchange amid ongoing market activity.
Binance October Proof of Reserves: User BTC Holdings Rise $537M, ETH Drops $498M
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