Binance is the leader in Ethereum reserves with 4.3 million ETH. At Ethereum’s current price of $3,900, these reserves have a fiat value of approximately $16.77 billion. Binance’s ability to maintain and grow these reserves reflects its strength as an exchange and the trust it has in users and the crypto community.

The slight decline in reserves in 2024 is expected due to the ongoing bull rally. In bull markets, users withdraw their funds to trade or stake. Binance remains reliable in the long term.