Binance Net Inflow of $311M in December, Bitcoin and ETH Holdings Dip!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Dec 8, 2023 9:46

Binance has released its 13th transparency report, revealing a net inflow of $311 million in assets in December. The report also showed a decrease in Bitcoin (BTC) holdings, with the exchange holding 561,000 BTC, a decrease of 4.05%, or 23,656 BTC. Ethereum (ETH) holdings also decreased by 0.67%, with the exchange holding 3.88 million ETH. However, Tether (USDT) holdings saw an increase of 5.67%, with Binance holding 16.1 billion USDT, including an additional 866 million USDT. The report further strengthens Binance’s commitment to transparency and user asset security.