Binance has released its 22nd proof of reserves as of September 1. The latest snapshot highlights a significant increase in Tether (USDT) holdings and stable overall reserves across major cryptocurrencies.
USDT Holdings: User holdings of Tether have surged by 4.34%, reaching 22.11 billion USDT, with an impressive increase of 919 million USDT since the last snapshot. This growth reflects strong user confidence and demand for stable assets on Binance.
BTC Holdings: Binance users continue to hold a solid 605,000 BTC, reflecting a minimal decrease of 1.27% from the previous period, demonstrating consistent interest in Bitcoin trading and investment.
ETH Holdings: Ethereum holdings remain robust at 4.486 million ETH, with a slight decline of 4.58%, which aligns with broader market movements.
