The post Binance’s Latest PoR Report Shows Notable Shifts appeared first on Coinpedia Fintech News
The 19th Proof-of-Reserves report from Binance showed notable shifts in user assets. As of June 1st, Binance users held 582,292 BTC tokens, an increase of 534 BTC from May 1. Ethereum assets increased 7.02% as they reached 4.664 million, while USDT tokens held decreased by 3.38% to 22.08 billion. Overall, current Binance asset reserves are $124.69 billion, a net outflow of $1.54 billion from the previous month. The customer net balances of XRP amounted to 2.9 Billion XRP, whereas Binance net balances stood at 2.934 billion XRP. Shiba Inu customers’ net balances were 62.62 trillion SHIB, while Binance’s net balances reached 64.8 trillion tokens.