🔔 Daily Crypto Update (Binance – ETH, BNB, XRP)📢📈🚀
Ethereum ($ETH )
According to Binance’s 33rd Proof of Reserves report, the platform’s ETH reserves dropped by nearly 9.84%, equivalent to about 496,984 ETH, between July and August.
The report also indicates that Binance now holds fewer ETH relative to user deposits, reflecting a potential shift in user behavior and withdrawals.
$BNB (Binance Coin)
Binance Charity announced a $1.2 million BNB airdrop to support flood-affected people in southern Taiwan.
This humanitarian initiative aims to provide immediate financial relief using BNB directly to local users.
Binance increased its XRP reserves by 59 million tokens, reaching a total of 2.754 billion XRP, while user deposits are at 2.675 billion XRP — resulting in a reserve ratio of 102.96%.
Market sentiment has turned bullish, with the Crypto Fear & Greed Index climbing to "Greed" (Score: 62). XRP and other major tokens like ETH and BTC saw 2–3% daily gains.
XRP’s price moved between $2.91 and $3.02, closing at around $2.98, boosted by high trading volumes on Korean exchange Upbit.
---
📊 Summary Table:
Token Key Update
ETH Binance's ETH reserves dropped ~10%; user withdrawals increased
BNB $1.2M BNB airdropped to Taiwan flood victims by Binance Charity
XRP Binance added 59M XRP to reserves; price stable near $3; sentiment bullish