Binance released its 21st proof of reserves as of August 1, revealing significant changes in user holdings in various cryptocurrencies.
The snapshot in question highlights an increase in Bitcoin (BTC) assets and slight decreases in Ethereum (ETH) and Tether (USDT) balances. In addition, Binance experienced net inflows of $3.27 billion over the past month.
Other major cryptocurrencies that the company offers in its proof of reserve and the amount of assets it holds are as follows:
BTC
Customer Net Balances: 613,470.71
Binance Net Balances: 652,370,556
ETH
Customer Net Balances: 4,701,876,445
Binance Net Balances: 4,853,965,331
USDT
Customer Net Balances: 21,192,804,719,188
Binance Net Balances: 24,083,815,679,715
BNB
Customer Net Balances: 40,536,136.766
Binance Net Balances: 43,136,968,951
LEFT
Customer Net Balances: 32,732,433.696
Binance Net Balances: 33,124,730,928
FDUSD
Customer Net Balances: 1,396,799,152.769
Binance Net Balances: 1,584,635,283,582
XRP
Customer Net Balances: 2,930,941,729,952
Binance Net Balances: 2,950,626,523,813
USDC
Customer Net Balances: 1,567,068,636.912
Binance Net Balances: 1,927,191,754,792
TUSD
Customer Net Balances: 16,942,518.224
Binance Net Balances: 32,576,439,221
DOGE
Customer Net Balances: 13,714,994,305.68
Binance Net Balances: 13,731,633,036,695
MATIC
Customer Net Balances: 988,300,844.751
Binance Net Balances: 1,196,811,154,552
DOT
Customer Net Balances: 109,373,411.27
Binance Net Balances: 119,569,608,976
LINK
Customer Net Balances: 51,999,081.712
Binance Net Balances: 53,880,021,965
SHIB
Customer Net Balances: 61,219,791,465,651.32
Binance Net Balances: 62,794,911,086,950
ARB
Customer Net Balances: 577,516,905.71
Binance Net Balances: 579,650,077,665
LTC
Customer Net Balances: 5,760,964,449
Binance Net Balances: 5,896,203,297
*This is not investment advice.