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CoinPhoton
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Binance releases 39th Proof of Reserves: BTC up 2,614, ETH down 162,469, USDT down $1.16B
Binance has published its 39th Proof of Reserves (PoR) report, with a snapshot date of Feb. 1, showing mixed changes across major assets held by users.
User BTC holdings stood at approximately 639,000 BTC, marking a 0.41% increase from the Jan. 1 snapshot — an addition of 2,614 BTC over the past month.
In contrast, user ETH balances declined by 3.74% to around 4.18 million ETH, a decrease of 162,469 ETH compared to the previous report.
Meanwhile, user USDT holdings fell 3.07% to roughly 36.8 billion USDT, representing a drop of about $1.16 billion month-over-month.
Binance publishes its Proof of Reserves report on a regular basis to provide transparency into on-platform assets and demonstrate that user deposits are fully backed.
Binance has published its 39th Proof of Reserves (PoR) report, with a snapshot date of Feb. 1, showing mixed changes across major assets held by users.
User BTC holdings stood at approximately 639,000 BTC, marking a 0.41% increase from the Jan. 1 snapshot — an addition of 2,614 BTC over the past month.
In contrast, user ETH balances declined by 3.74% to around 4.18 million ETH, a decrease of 162,469 ETH compared to the previous report.
Meanwhile, user USDT holdings fell 3.07% to roughly 36.8 billion USDT, representing a drop of about $1.16 billion month-over-month.
Binance publishes its Proof of Reserves report on a regular basis to provide transparency into on-platform assets and demonstrate that user deposits are fully backed.
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