Binance has published its 40th Proof of Reserves, revealing a decrease in user-held assets as of the March 1 snapshot. The report shows that user Bitcoin (BTC) holdings stand at approximately 631,000 BTC, marking a 1.25% decrease from the previous month, with a reduction of 8,004 BTC. Ethereum (ETH) holdings are reported at around 3.87 million ETH, down 7.35%, equating to a decrease of 307,203 ETH. Additionally, Tether (USDT) holdings are approximately 36.4 billion USDT, reflecting a 0.98% decrease, or about 360 million USDT less than the previous snapshot.
Binance Releases 40th Proof of Reserves, Shows Decline in BTC, ETH, and USDT
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