Binance Publishes 30th Proof of Reserves Report, Highlights Bitcoin and Altcoin Holdings

May 8, 2025, 8:02 a.m. 6 sources positive
BTC BTC $70386.40 +0.01%
ETH ETH $2119.99 +2.38%
BNB BNB $640.40 +0.39%
XRP XRP $1.45 +1.32%
DOGE DOGE $0.09635 +0.27%
POL POL $0.09575 +0.10%
DOT DOT $1.32 -1.27%
LTC LTC $54.47 +0.42%
NEAR NEAR $1.03 -0.11%

Binance has released its 30th monthly Proof of Reserves (PoR) report, revealing snapshots of user and exchange asset reserves as of May 1. The report shows a 1.35% month-on-month decline in user-held Bitcoin (BTC), which stands at 604,411 BTC, while Binance maintains a BTC reserve ratio of 102.06%. Ethereum (ETH) user assets decreased by 3.36% to 5.28 million ETH, with a reserve ratio of 100.16%. User balances for Tether (USDT) rose 2.61% to $29.05 billion, and its reserve ratio is 102.07%.

Other key coins have reserve ratios above 100%, including BNB (112.45%), XRP (102.99%), DOGE (111.32%), POL (106.33%), DOT (104.82%), LTC (109.02%), NEAR (103.47%), and more. The PoR mechanism employs Merkle tree cryptographic proofs to ensure transparency of userbalances, exchange holdings, and third-party custodianship.

Binance asserts this regular reporting underscores its commitment to user asset protection and transparency in the exchange's operations.

BTC BTC $70386.40 +0.01%
The positive reserve report and excess reserves suggest user assets are safe, potentially increasing trust and trading volume. This could support bullish momentum, especially short-term.
ETH ETH $2119.99 +2.38%
ETH holdings remain overcollateralized; the transparency should bolster trader confidence. Despite a decrease in holdings, no immediate negative pressure is expected; short-term neutral-to-positive.
BNB BNB $640.40 +0.39%
Strong overcollateralization (112.45%) and platform commitment to transparency are likely to enhance confidence in BNB, supporting its price in both short- and long-term.
XRP XRP $1.45 +1.32%
With a 102.99% reserve ratio, the news eases fears about user asset security, leading to short-term stability and potentially increased trading activity for XRP.
DOGE DOGE $0.09635 +0.27%
A 111.32% reserve ratio boosts user trust; positive sentiment could drive short-term demand and trading, supporting DOGE price stability or modest growth.
POL POL $0.09575 +0.10%
The 106.33% reserve ratio reassures users, enhancing confidence. Given Binance's large influence, this may lead to short-term positive price dynamics.
DOT DOT $1.32 -1.27%
Robust reserve coverage (104.82%) reinforces asset security. Positive impact on user confidence may result in increased DOT adoption and trading activity, supporting price.
LTC LTC $54.47 +0.42%
Reserve ratio of 109.02% strengthens user confidence, likely reducing risk premium. This transparency supports sustained LTC trading and price stability.
NEAR NEAR $1.03 -0.11%
With 103.47% coverage, NEAR's position on Binance appears secure. This may improve user sentiment and promote positive price action in the short term.
Sources
Binance Reveals Crucial Reserve Data Impacting Crypto Confidence
COINTURK NEWS 07.05.2025 17:01
Binance Releases Its 30th Reserve Proof Report – Here Are the Exchange’s Bitcoin and Altcoin Holdings
Bitcoin Sistemi 07.05.2025 17:12
Binance’s latest proof of reserves report reveals over 100% backed assets for major tokens
crypto.news 08.05.2025 07:25
Top Today
2 hour ago 5 sources
Backpack Exchange Seeks $50M at $1B Valuation with IPO-Linked Tokenomics
yesterday / 20:40 6 sources
Bitcoin Miners Pivot to AI, Sell BTC Reserves Amid Market Strain
BTC BTC $70386.40 +0.01%
yesterday / 20:37 5 sources
Circle Mints $250 Million USDC as Binance Controls 87% of USD1 Stablecoin Supply
USDC USDC $1.00 0.00%
USD1 USD1 $1.00 -0.01%
yesterday / 18:44 5 sources
Ripple Expands Institutional Crypto Services with Enhanced Custody and Staking Partnerships
XRP XRP $1.45 +1.32%
ETH ETH $2119.99 +2.38%
SOL SOL $87.10 +0.61%
yesterday / 18:28 5 sources
Farcaster Founders Join Stripe-Backed Tempo to Drive Stablecoin Mainstream Adoption
yesterday / 18:25 7 sources
BlockDAG Final Presale Allocation at $0.00025 Concludes Ahead of Mainnet Launch
BDAG BDAG
yesterday / 18:22 7 sources
Capital ₿ and Strategy (MicroStrategy) Bolster Bitcoin Holdings Amid Market Volatility
BTC BTC $70386.40 +0.01%
Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.