💥💥Binance Announces Balance: There is a 4 Percent Decrease in Bitcoin Amount 💥💥

Binance, the world's largest cryptocurrency exchange, released its 25th proof of reserve report on December 1.

The report stated that users' total Bitcoin (BTC) balance was 580,111 BTC. This figure indicates a 4.68 percent decrease compared to the 608,587 BTC announced on November 1.

Changes in Altcoin Balances

There was an increase in Ethereum (ETH) balances. Users' total ETH balance increased from 4.699 million last month to 4.945 million, recording a growth of 5.24 percent. There was also a notable increase in stablecoin investments. USDT balance increased by 20.93 percent from $20.85 billion to $25.22 billion.

There was a decrease in Binance Coin (BNB) balances. The total amount of BNB decreased by 2.15 percent, from 37.93 million to 37.12 million.

According to DefiLlama data, Binance's total reserves increased by $4.472 billion compared to last month. This increase seems to be supported especially by the growth in USDT balance.

Binance contributes to the platform's transparency efforts and aims to ensure the security of its users' assets by regularly publishing this proof of reserve. However, it is observed that the volatility experienced in the crypto market and changing investment preferences continue to have a direct impact on the types and amounts of user assets.

My dear friends, please do not withhold your free support. I am trying to bring you such news instantly. My only request from you is that if there is anyone who has not followed me yet, I would be happy if they did. Do not forget to like my articles and posts. Thank you.