Bitcoin Jumps in Binance Reserves as USDT, ETH Decline
The post Bitcoin Jumps in Binance Reserves as USDT, ETH Decline appeared on BitcoinEthereumNews.com.
Binance’s latest Proof of Reserves reveals a major shift in user positioning, where Bitcoin balances are climbing, while ETH and USDT fall. At the same time, Binance’s stablecoin over-reserves hit six-month highs, strengthening liquidity during ongoing market volatility. Sponsored Bitcoin Accumulation Jumps as User Behavior Shifts Binance users increased their Bitcoin balances by 4% month-over-month, reaching 617,620 BTC, according to the exchange’s 37th Proof of Reserves snapshot. That’s an addition of 23,768 BTC since November 1. The exchange utilizes Merkle trees and zk-SNARKs to enable users to verify their balances without disclosing personal information. Current reserve ratios include: BTC: 102.11% ETH: 100% USDT: 109.16% USDC: 137.7% BNB: 112.32% This system offers real-time transparency, unlike traditional audits, which are episodic and rely on third-party trust. As of November 30, Binance reserves were hovering near $120 billion, with USDT (ERC-20) reaching a record $42.8 billion. Despite volatility, Binance remains the second-largest holder of global Bitcoin reserves. CONFIRMED: #Binance Now Holds $120B in Reserves 🚀 Source Crypto Quant 👇 On-chain data shows Binance total reserves holding near ATHs (around $120 billion) and USDT (ERC20) reserves reaching a record $42.8 billion despite recent market volatility. The exchange also remains… pic.twitter.com/xy8ZIY5siV — Altcoin Daily (@AltcoinDaily) November 29, 2025 Sponsored General sentiment on X (Twitter) is that this trend is bullish for Bitcoin, with users stacking the pioneer crypto as ETH and stablecoin balances decline. User Ethereum holdings dropped 1.32% to 4.04 million ETH (-54,257 ETH), while USDT balances slipped 1.24% to 34.3 billion USDT (-430 million USDT). Binance Asset Reserves. Source: Wu Blockchain The pattern suggests rebalancing rather than a broad withdrawal, with users migrating into Bitcoin during periods of uncertainty. Sponsored Stablecoin Over-Reserves Hit Six-Month Highs Analyst AB Kuai Dong highlighted a sharp rise in Binance’s stablecoin buffers: USDT over-reserve ratio: 109.16% (up from…
Filed under: News - @ December 7, 2025 6:21 pm