Home
/ Insights
Crypto Newsfeed
Master
reply

Binance’s report signals strong reserves for MAJOR cryptocurrencies

Strong Bitcoin reserve: Binance’s Bitcoin reserves stand at 627,745,577 BTC, surpassing user balances of 580,111,242 BTC with a 108.21% reserve ratio. This indicates confidence in covering withdrawal requests, reassuring users of liquidity amid market fluctuations.

Ethereum and tether growth: Ethereum reserves ROSE by 5.24% to 5,078,355,565 ETH, with a reserve ratio of 102.68%. Tether surged by 20.93% to 25.22 billion USD, emphasizing its market importance. Binance’s transparency bolsters user trust, KEY after the FTX crisis.

This is community-generated content, not advice from ONUS.
1
heart
reply
share
 
send
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research