BTC and ETH Holdings Rise in Binance Proof of Reserves Report as USDT Declines

Binance has released its 43rd Proof of Reserves report, using data from a snapshot taken on June 1, highlighting shifts in key user asset holdings.

Bitcoin (BTC) balances increased by 4.26% since May 1, reaching roughly 630,000 BTC, reflecting an inflow of about 25,838 BTC over the period.

Ethereum (ETH) followed an even stronger upward trend, rising 10.17% to approximately 4.14 million ETH, marking an increase of around 382,619 ETH.

In contrast, Tether (USDT) holdings moved lower during the same timeframe, slipping 1.33% to nearly 34.3 billion USDT, a decrease of about 460 million USDT.

Source: Binance