Binance’s proof-of-reserves data for September 2026 showed customer Bitcoin holdings rose by about $537 million, with balances up 0.91% to roughly 688,600 BTC. Over the same period, Ether holdings fell by about $499 million, while ETH balances dropped 4.61%. USDT holdings declined 0.87% and BNB holdings slipped 0.77%.
Among the major assets tracked in the report, Bitcoin was the only one to post growth in customer balances. Binance did not give a reason for the shift, and the report did not indicate whether the same group of customers sold ETH and bought BTC.
On reserves, Binance said coverage for customer deposits exceeded 100% across eight assets. The exchange held about 691,000 BTC against roughly 688,600 BTC in customer balances, leaving a surplus of 0.35%, or about 2,431 BTC. Its Ether reserves showed almost no surplus, according to the report.
Binance proof-of-reserves data showed that customer Bitcoin holdings increased by about $537 million in September 2026, with balances rising 0.91% to roughly 688,600 BTC, according to ChainCatcher.
During the same period, Ether holdings fell by about $499 million, and ETH balances dropped 4.61%. USDT holdings declined 0.87%, while BNB holdings slipped 0.77%. Bitcoin was the only major asset in the report to record growth in customer balances.
Reserve coverage remained above 100%
Binance said reserve coverage for customer deposits was above 100% across eight assets. The exchange held about 691,000 BTC versus roughly 688,600 BTC in customer balances, a surplus of 0.35%, or about 2,431 BTC. Its Ether reserves showed almost no surplus.
The report did not explain the reason for the changes. It also did not show whether the same group of customers sold ETH and bought BTC.
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