📊 Binance Bitcoin Reserve Status – 100%+ Backed
🔒 Binance's latest Proof of Reserves report (December 1, 2024) confirms that user assets are fully backed, with reserves exceeding 100% across major cryptocurrencies.
Bitcoin (BTC):
User Holdings: 580,111.242 BTC
Binance Reserves: 627,745.577 BTC
Coverage Ratio: 108.21%
Ethereum (ETH):
User Holdings: 4,945,692.541 ETH
Binance Reserves: 5,078,355.565 ETH
Coverage Ratio: 102.68%
These figures underscore Binance's commitment to transparency and financial stability, ensuring that all client assets are fully backed and readily available for withdrawals. Cointelegraph+5CoinMarketCap+5AMBCrypto+5
