Binance users add 6,217 more Bitcoin as Ethereum balances drop – Details
Binance’s October reserve data shows users held more Bitcoin between Sept. 1 and Oct. 1, while balances of Ether, Tether and BNB declined. The two coverage items describe the same shift in user holdings and frame it as a change in Binance’s Proof of Reserves snapshot for that period.
What this rests on
What it means
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Binance users notice a different mix in their exchange-held balances as of the October reserve snapshot, with more Bitcoin and less Ether, Tether and BNB than a month earlier. That change is visible in the account totals reported for Sept. 1 to Oct. 1, so it affects what users see in Binance’s reserves view today.
In practice, the reserve data now shows a higher Bitcoin balance and lower balances in three other assets compared with the prior month. What stays the same is that the snapshot is still a reserves report for Binance users, not a statement that any single user changed holdings in a specific way.
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Where this sits in the Bitcoin series
| When | What happened | Figure |
|---|---|---|
| 1.0 years ago | BTC a 1.152e+05 $ high | today it sits -29.1 % from there |
| 4 months ago | BTC a 5.857e+04 $ low | today it sits +39.5 % from there |
From what we have stored, starting 1.0 years ago.
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