New Binance Reserves Report Just Dropped – Here’s What Changed
The figures reveal growing user confidence in the platform’s stability, with significant increases in Bitcoin and USDT balances.
This marks the 33rd entry in Binance’s ongoing reserve transparency initiative—a program launched in the wake of FTX’s collapse to reassure users that customer funds are fully backed and verifiable on-chain. While other exchanges have faced pressure to improve visibility, Binance continues to publish regular updates, including details for dozens of supported tokens.
Notably, users now hold over 591,000 BTC on the platform—up nearly 3% from the previous snapshot. USDT balances also edged up by 0.87%, totaling 29.85 billion tokens. BNB holdings saw a smaller 0.38% increase, reaching almost 40 million coins.
Ethereum was the only major asset to decline, with user balances dropping by 9.84% to 4.55 million ETH. The decrease could suggest a rebalancing of portfolios or shifting interest toward other digital assets.
From a collateralization standpoint, Binance remains solidly over the 100% mark for major tokens. The exchange holds 102.96% of Bitcoin assets, 102.27% of USDT, 100.67% of ETH, and an impressive 111.74% of BNB. These figures indicate Binance holds more crypto than what users have deposited—an important benchmark for proving solvency.
The report also includes reserves data for a wide variety of tokens, including Solana (SOL), Ethena (ENA), Hedera (HBAR), NEAR, Pepecoin (PEPE), SUI, FDUSD, and even meme coins like TRUMP and WIF—offering a glimpse into the breadth of user activity across the exchange.
While centralized platforms still face skepticism from parts of the crypto community, Binance continues to lean on transparency as a competitive edge, hoping its steady stream of reserve disclosures will help maintain trust in a post-FTX world.
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Filed under: Bitcoin - @ August 7, 2025 10:30 am