On May 8, $BTC 5, according to Binance's May reserve proof report, Binance's net holding of Bitcoin in May is 12,475.807 BTC, which is an increase of 6,393.577 BTC compared to April's 6,082.23 BTC. Based on the current Bitcoin price of $99,000, the increased portion is worth approximately $632 million.

During the same period, Binance's net holding of USDT decreased to 600,393,497, a reduction of 651,077,608 compared to April (1,251,471,105).