Binance has published its 39th Proof of Reserves report, reflecting user asset holdings as of February 1. The report indicates that user Bitcoin (BTC) holdings increased by 0.41% to approximately 639,000 BTC, marking a rise of 2,614 BTC since the previous snapshot on January 1.
Conversely, user Ethereum (ETH) holdings decreased by 3.74%, totaling about 4.18 million ETH, a reduction of 162,469 ETH. Additionally, user Tether (USDT) holdings saw a decline of 3.07%, amounting to roughly 36.8 billion USDT, down by approximately 1.16 billion USDT from the previous month.
Binance's 39th Proof of Reserves Shows BTC Holdings Increase, ETH and USDT Decline
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