On July 1, Binance released its 20th proof of reserves, showing a significant increase in user assets. User BTC holdings have risen by 4.01% since June 1, reaching 605,637 BTC.

Similarly, user ETH assets saw a 1.01% increase, totaling 4.711 million ETH. However, user USDT assets experienced a decline of 2.54%, dropping to 21.51 billion USDT.

Binance released the 20th proof of reserves (July 1). User BTC assets are 605,637, up 4.01% from June 1. User ETH assets are 4.711 million, up 1.01%. User USDT assets are 21.51 billion, down 2.54%.https://t.co/jGCPnwd2PR pic.twitter.com/JUCIRcCBLe

— Wu Blockchain (@WuBlockchain) July 6, 2024

10,798 ETH Purchased By Two Addresses From Binance And Coinbase 

In the past month, two new addresses have amassed 10,798 ETH from Binance and Coinbase, valued at around $32.54 million, with an average transfer price of $3,258. Notably, 4,472 of these ETH, worth $13.41 million, were withdrawn to an on-chain wallet within the past hour. These addresses, possibly institutional, have staked 3,616 ETH to the Ethereum beacon chain.

两个新地址在过去一个月内从 #Binance 和 #Coinbase 积累了 10,798 枚 ETH,约 3254 万美金,转出均价为 $3258

其中 4472 枚 $ETH 是过去 1 小时刚提至链上钱包的(价值 1341 万美金);这两个地址或归属于某机构,已向以太坊信标链质押 3,616 枚 ETH👀

钱包地址https://t.co/aNlPLg1Bpy… pic.twitter.com/JR8KbWC9Df

— Ai 姨 (@ai_9684xtpa) July 6, 2024

In another notable transaction, Ethereum co-founder Vitalik Buterin, through his vitalik.eth address, transferred 100 ETH, worth approximately $300,000, to the multi-signature contract 0x82…a9FE at 19:44 UTC+8 today.

Ethereum co-founder vitalik.eth transferred 100 ETH worth about $300,000 to the multi-signature contract: 0x82…a9FE at 19:44 UTC+8 today, which is suspected to be a donation to 2077 Collective. 2077 Collective is a community-driven organization dedicated to promoting Ethereum…

— Wu Blockchain (@WuBlockchain) July 6, 2024

This transfer is believed to be a donation to the 2077 Collective, a community-driven organization focused on promoting Ethereum adoption.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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