Binance, the world’s largest cryptocurrency exchange by user count, has released its 43rd Proof of Reserves report, dated June 1. The report confirms that user Bitcoin (BTC) holdings increased by 4.26% since the previous snapshot, reaching approximately 630,000 BTC. Ethereum (ETH) holdings grew even more sharply, rising by 10.17% to around 4.14 million ETH. Meanwhile, USDT balances dipped by 1.33% to 34.3 billion USDT.
All major assets remained over-collateralized, with reserve ratios above 100%: BTC at 100.20%, ETH at 100.00%, USDT at 103.17%, BNB at 100.58%, and USDC at 107.96%, among others. The report, disclosed by Wu Blockchain and Binance’s official site, includes dozens of cryptocurrencies such as XRP, Solana, Arbitrum, and Aptos, all showing full backing.
This regular transparency report comes as Binance continues to rebuild trust after the FTX collapse, and the increase in BTC and ETH holdings may signal growing confidence from both retail and institutional investors. The exchange’s reserve ratios underscore its ability to honor all withdrawals, a factor that could influence trading volumes and market dynamics going forward.
