Binance released the twelfth Merkle Tree Asset Reserve Proof (snapshot date is November 1), proving that Binance has funds covering all user assets at a 1:1 ratio, including:
The net balance of BTC assets of users was 584,000, down 0.72% from 588,000 in October;
The net balance of ETH users’ assets is 3.91 million, up 2.25% from the previous 3.83 million.
The net balance of USDT users’ assets was 15.27 billion, down 0.29% from the previous 15.31 billion.
The net balance of BNB users’ assets is 31.216 million, up 6.42% from the previous 29.334 million.