Binance has reduced its holdings again. Did it successfully escape the peak or is it a wasted effort? Hang in there, brothers.

According to cryptocurrency blogger AB Kuai.Dong, Binance's proof of reserves shows that from January to February 2025, Binance's BTC holdings decreased by 94.1%; ETH holdings decreased by 99.9%; all sold assets flowed into USDC, increasing by 57.5%.

If we look at the market situation in January, it seems they successfully escaped the peak, haha? Similar situations occurred in June 2023 (when they had to pay fines) and February 2024 (reportedly for year-end bonuses). From the historical instances of reductions, Binance's sell-offs do not affect the long-term trend, though they may slightly impact investors' trading enthusiasm in the short term.

However, the liquidity in the crypto market has indeed been somewhat poor recently, and unfortunately, Bitcoin hasn't dropped to a suitable price level. Altcoins are even more daunting; my neutral positions are still okay.

Hang in there; there will always be a bright day ahead. #比特币后市