According to on-chain analyst @ai_9684xtpa, Binance's May reserve reserves have hardly increased or even decreased except for BTC and stablecoins. Binance's May reserve report shows that many of its asset reserves have changed in the past three months:
BTC: An increase of 9,729 coins ($963,171,000)
ETH: Add 8033 coins ($15,262,700)
USDT: 324,667,715 added
BNB: Add 15,913 (USD 9,706,930)
SOL: decrease of 2,453 (US $367,950)
XRP: decrease of 14,501,682 (USD 31,613,666)
USDC: Add 1,696,637,283
"Although ETH and BNB have also seen growth of nearly $10 million, Binance's spot fees are charged according to the currency of the transaction, and it is actually much more than that; it seems that it has basically sold, which is in line with the current market."
Analysis: Binance equity fund only BTC and stablecoins grew significantly in the past three months
2025-05-08 11:58:25
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