Binance just unveiled its March 2024 Proof-of-Reserve (PoR) report, revealing a hefty stash of 67.67 trillion Shiba Inu (SHIB) tokens š. Surpassing user deposits by 3.59%, Binance ensures a 103.60% reserve ratio for SHIB holdings š¼. This means users' SHIB deposits value at $1.89 billion, while Binance's balance hits $1.96 billion š°.
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The latest report also showcases robust collateralization ratios for Bitcoin (BTC) and Ethereum (ETH) at 104.46% and 103.58%, respectively š. With 568,788.919 BTC ($41.09 billion) and 4,446,480.486 ETH ($16.04 billion) held by users, Binance boasts 594,136.021 BTC ($42.92 billion) and 4,605,595.896 ETH ($16.61 billion) in its reserve š. #Binance #SHIB š„š
