Analysis: Binance’s total assets have not declined significantly. The decrease of about 13% in the past week was mainly caused by the decline in the price of the currency.

According to Lookonchain analysis, the public address shows that Binance's total assets have not decreased significantly. In the past week, Binance's total assets have decreased by about 13%, mainly due to the decline in coin prices. Most assets have fallen by 6% to 38% in the past 7 days. In addition, the address starting with 0x66b8 has been depositing and withdrawing stablecoins on Binance in the past 14 hours, and seems to be conducting some kind of arbitrage activity. As of press time, $113 million in stablecoins have been traded.