###Binance’s 25th Proof of Reserves shows a drop in BTC and a rise in ETH and USDT

**Binance’s 25th Proof of Reserves report** reveals robust reserve ratios for major cryptocurrencies: Bitcoin (108.21%), Ethereum (102.68%), and Tether (108.96%). These regular reports aim to assure users that their funds are fully backed and accessible, a crucial step in rebuilding trust post-FTX collapse.

**Key Highlights:**

- **Bitcoin Reserves:** Binance holds 627,745.577 BTC, surpassing user balances of 580,111.242 BTC, ensuring a reserve ratio of 108.21%.

- **Ethereum Reserves:** With 5,078,355.565 ETH in reserves against 4,945,692.541 ETH in user balances, the reserve ratio stands at 102.68%.

- **Tether Reserves:** The exchange maintains a strong reserve ratio of 108.96%, crucial for handling high trading volumes in stablecoins.

**Changes in Holdings:**

- **Bitcoin:** Reserves decreased by 4.68%, reflecting increased user withdrawals.

- **Ethereum:** Reserves grew by 5.24%, indicating bullish user sentiment or active DeFi usage.

- **Tether:** Reserves surged by 20.93%, highlighting its critical role in trading.

- **Binance Coin (BNB):** Reserves dipped by 2.15%, with user holdings at 37.12 million BNB.

Since the FTX collapse in 2022, Binance has committed to transparency, regularly publishing Proof of Reserves reports to ensure user fund safety and build trust in the crypto ecosystem. #BinanceSquareFamily #BinanceEarnProgram $ETH #binance