Binance Latest Proof of Reserves Shows BTC, USDT Holdings Up, ETH Down Nearly 10%

Binance has published its 33rd Proof of Reserves report (snapshot as of August 1), revealing a 2.99% increase in user BTC holdings to 591,000 BTC and a 0.87% rise in USDT holdings to 29.85 billion. However, user ETH holdings dropped sharply by 9.84%, falling to 4.555 million ETH. The data reflects shifting user behavior amid ongoing market uncertainty.