Odaily reported that Binance has released its 43rd proof of reserves, with the snapshot dated June 1. According to the disclosure, user BTC assets on the platform were about 630,000 coins, an increase of 4.26% from May 1. The month-on-month increase amounted to 25,838 BTC.
ETH holdings rose, while USDT declined
For ETH, Binance disclosed that user assets stood at about 4.14 million coins. This represented an increase of 10.17% compared with May 1, equal to an additional 382,619 ETH. The BTC and ETH figures together show the changes in user asset balances recorded in this reserve snapshot.
The USDT figure moved in the opposite direction. Binance reported user USDT assets of about 34.3 billion tokens, down 1.33% from May 1. The decrease was approximately 460 million USDT. With this publication, Binance’s 43rd proof of reserves updated the snapshot data for user BTC, ETH and USDT assets.