🚨 BREAKING: Binance just dropped its 33rd Proof of Reserves report, and the numbers are telling a story. 👇
There's a serious rotation underway! It looks like people are moving their crypto around in a big way.
Here are the key takeaways since July:
* $BTC Balance: UP 2.99%
* $USDT Balance: UP 0.87%
* $ETH Balance: DOWN 9.84%
People are shifting funds out of Ethereum and moving into Bitcoin and stablecoins. This is a huge signal. When you see funds move from a major alt like ETH into $BTC and USDT, it often suggests a flight to safety. People might be de-risking their portfolios a bit.
Binance's balances for other coins like $BNB and $USDC are also looking strong.
What do you all think this means? Are we seeing a temporary move, or is this the start of a bigger trend? Let me know your thoughts in the comments! 👇