Ethereum

Reserve

Cryptocurrency

Million

Leading cryptocurrency exchange Binance continues to demonstrate its commitment to transparency and user-centered financial services by issuing its reserve certificate. 
<h2 id="binance-releases-reserve-document-with-311-million-net-inflow">Binance Releases Reserve Document with $311 Million Net Inflow</h2> 
The report highlights key financial metrics that demonstrate the platform's resilience and growth in the ever-evolving crypto landscape. 
On the other hand, all assets held by Binance are kept in cold wallets, corresponding to over 100 percent. 
<figure id="attachment_128632" aria-describedby="caption-attachment-128632" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="wp-image-128632 size-large" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/12/binance-rezev-1024x456.png" alt="" width="696" height="310">
 <figcaption id="caption-attachment-128632" class="wp-caption-text">
 Reserves held by Binance in its cold wallets.
 </figcaption>
</figure> 
Other key highlights from the reserve certificate: 
<ol> 
 <li>Net Inflow 311 Million Dollars:</li> 
</ol> 
The reserve certificate reveals a significant Month-to-Month net inflow of $311 million. This indicates a positive trend in user activity and capital flow within the Binance ecosystem. 
<ol start="2"> 
 <li>Users' BTC Assets:</li> 
</ol> 
Users' Bitcoin (BTC) assets amounted to 561,000 BTC. However, there was a 4.05% decrease compared to the previous month, which corresponded to a decrease of 23,656 BTC. 
Related News: <a href="https://en.bitcoinsistemi.com/binance-futures-announces-listing-of-jto-with-50x-leverage/" target="_blank" rel="dofollow">Binance Futures Announces Listing of JTO with 50x Leverage!</a> 
<ol start="3"> 
 <li>Users' ETH Assets:</li> 
</ol> 
Users' Ethereum (ETH) holdings decreased by a reasonable 0.67% to 3.88 million ETH. 
<ol start="4"> 
 <li>Users' USDT Assets:</li> 
</ol> 
Tether (USDT) assets showed significant growth, reaching 16.1 billion USDT. This represents a strong increase of 5.67%, equivalent to 866 million USDT. 
The increase in USDT holdings indicates a preference for stablecoins, which are often used as a hedge against market volatility. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/binance-announces-first-reserve-evidence-after-czs-leaving-here-are-the-details/">Binance Announces First Reserve Evidence After "CZ's" Leaving! Here are the Details!</a>

Binance Announces First Reserve Evidence After "CZ's" Leaving! Here are the Details!

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