Data: Binance's own funds in the past three months have only seen significant growth in BTC and stablecoins

avatar
ODAILY
05-08
This article is machine translated
Show original
Planet Daily News: According to on-chain analyst Ai Yi's monitoring, based on Binance's May reserve report analyzing its self-owned fund changes over the past three months: BTC: increased by 9,729 (963,171,000 USD), ETH: increased by 8,033 (15,262,700 USD), USDT: increased by 324,667,715, BNB: increased by 15,913 (9,706,930 USD), SOL: decreased by 2,453 (367,950 USD), XRP: decreased by 14,501,682 (31,613,666 USD), USDC: increased by 1,696,637,283. Except for BTC and stablecoins, the reserves of other assets have almost no increase and even decreased. Although the holdings of ETH and BNB have grown by nearly 10 million USD, Binance's spot transaction fees are charged according to the trading currency, and its actual self-owned positions are still reduced.

Source
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.
Like
Add to Favorites
Comments