#Notcoin👀🔥

Recently, there have been reports that Binance is allegedly selling off its assets, including significant amounts of BTC, USDT, ETH, and altcoins. However, Binance officials have denied these rumors, stating that the changes in asset balances are due to internal treasury management processes and not asset sales. 

According to the data, Binance’s Bitcoin reserves decreased by $355 million in January, while customer balances increased by more than $4 billion. This has resulted in a more balanced ratio between the exchange’s reserves and user funds. 

Binance emphasizes that user funds remain safe and fully collateralized. The changes in asset allocation are part of internal accounting procedures and are not related to the sale of assets on the open market. 

Thus, current data and official statements from Binance indicate that the changes in assets are related to internal management processes, and not an intentional sell-off of assets