Binance's Bitcoin holdings in May increased by more than 6,393 compared to April

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MarsBit
05-08
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Mars Finance News: On May 8th, according to Binance's May Reserve Proof Report, Binance held 12,475.807 bitcoins net in May, which increased by 6,393.577 bitcoins compared to 6,082.23 in April. Calculated at the current bitcoin price of $99,000, the increased portion is worth approximately $632 million.

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

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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