Binance’s 10th Proof of Reserves shows BTC, ETH, and USDT assets!

Author: Mustafa Mulla Sep 7, 2023 15:53

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.

Leading cryptocurrency exchange Binance has released its 10th proof of reserves, revealing some impressive numbers. One user deposited around 588,000 BTC, while another added 3.89 million ETH (down 4.3% from the previous report). However, the most eye-catching growth was in USDT, with user assets reaching 15.44 billion, a 1% increase from the previous report. These statistics provide important insights into the health of the cryptocurrency market and suggest continued optimism among traders and investors.