Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Binance Maintains Over 100% Bitcoin Reserve Ratio for 30 Months Straight
By: cryptosheadlines|2025/05/15 06:15:05
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Binance, the world’s largest crypto exchange by trading volume, has now maintained a reserve ratio above 100% for 30 consecutive months.The streak was confirmed in the latest snapshot at Bitcoin block height 894,668, showing the company holding 616,886 BTC to back customer net balances of 604,410 BTC, equating to a reserve ratio of 102%.Transparency StandardThe exchange’s proof-of-reserve (PoR) initiative started as a direct response to the FTX collapse in November 2022, which exposed a catastrophic mismanagement of user funds. Since then, Binance has published monthly attestations, verified by on-chain experts and third-party auditors like Mazars.CryptoQuant analyst Maartun, who reviewed the exchange’s latest snapshot, emphasized the importance of its track record:“Since publishing their first Proof-of-Reserve report in late 2022, Binance has consistently maintained a reserve ratio above 100%,” he wrote. “This shows a strong asset backing and ongoing commitment to transparency.”Of the 616,886 BTC, Maarten revealed that 603,374 are held on-chain, while another 13,512 reside in third-party custody on the BNB Smart Chain as BTCB.In March, CryptoPotato highlighted that Binance’s reserve ratio had been on a 29-month run above 100%, even though, at the time, the company had been forced to fend off rumors that it was selling its BTC for USDC. CryptoQuant’s analysis helped dispel those allegations, with the firm stating that all figures presented by Binance matched on-chain data.Past independent audits have also validated the crypto exchange’s transparency claims. In July last year, Mazars confirmed that Binance held 101% of customers’ BTC deposits, reinforcing the integrity of its Merkle tree-based PoR system.Market ImplicationsAlthough some industry voices, including Kraken CEO Jesse Powell, have criticized proof-of-reserve reports for not accounting for liabilities, Binance’s steady reserve record has helped it maintain market confidence.This strength is also mirrored in the exchange’s stablecoin reserves. At the beginning of the year, it indicated that it held over $31 billion in stablecoins, a nearly fivefold increase from mid-2023, showing a strong liquidity position and institutional investor activity.Meanwhile, the crypto company’s native BNB token has continued its steady ascent. At the time of writing, it was up a marginal 1.3% in 24 hours, trading at just under $658 per CoinGecko data.Over the past week, it gained 8.5%, slightly underperforming the broader crypto market, which jumped 12.4% in the same period. Despite the lag, the previous 30 days saw BNB register an 11.4% uptick, with its current price only being 16.5% shy of its all-time high.SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!Source link
You may also like
OpenAI has no "New Deal," a blueprint for AI that refuses to pay.
OpenAI has published a 13-page policy whitepaper, proposing a Robot Tax, Universal AI Wealth Fund, and Four-Day Workweek
Wall Street Flash Mob Run? Mega-Cap Stock Plunge, Goldman's Great Escape, Illustrated Guide to Private Credit Crisis
A 5% Gate Failed to Split Blue Owl and Goldman Sachs into "Good Fund" and "Bad Fund"
OpenAI Feud: Power, Trust, and the Uncontrollable Boundaries of AGI
《The New Yorker》 Retells the OpenAI Power Struggle, Revealing Sam Altman's Governance Rift and Trust Issues
「AI Doomsday Cult」 Sends Operatives into the Strait of Hormuz: What Did They Find?
The reality is much more complex than everyone imagines; the Strait of Hormuz is not in a simple open or closed state.
Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?
Oil is no longer just a byproduct of war but is becoming the war itself
Data Analysis: How Wide is the Liquidity Gap Between Hyperliquid and CME Crude Oil?
Compared to CME, Hyperliquid's high transaction costs remain a key obstacle to its expansion in the commodities trading sector.
After a 40% Reduction in Staff, Twitter's Founder to Give Away $1 Million in Bitcoin
Jack Dorsey's Bitcoin Day, a Landmark Return of the Bitcoin Faucet
Trade.xyz: Pricing the World? On-Chain Markets Are Becoming the Market
When the market begins to move ahead of the news, a shift from trading to pricing is taking place
XXYY Trade Skill: 24/7 Algorithmic Trading AI Trader | Project Introduction
The era of "AI Traders for Everyone" has truly arrived
DeFi's top protocol Aave's security team exits, who will weather the next black swan event in the bear market?
During a bear market, risk management is truly crucial.
Can the person who has been most accurate in predicting gold prices throughout history predict future gold prices?
Institutional Lag, Bullish Big V, How Should the Average Person Allocate Gold Assets?
Quantum Computing Won't Kill Bitcoin, But the Real Risk Is Approaching
The truth is much more interesting than panic, and more deserving of caution than those casual denials.
When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance
Ultimately, the companies that can best capture value in digital finance are those that possess large-scale distribution, regulatory trust, and control over infrastructure.
You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers
Drift announced details of the investigation into the $285 million theft, pointing to the North Korean hacker group UNC4736.
Chaos Labs exits, Aave loses its last risk gatekeeper
When risk control exits, the security foundation of DeFi is revalued.
Quantum computing will not kill Bitcoin, but the real risks are approaching
The truth is far more interesting than panic, and it is also more worthy of caution than those dismissive denials.
Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP
The x402 Foundation is not announcing that x402 has already won in all agentic commerce agreements. It is publicly acknowledging that this generation of agent payments will not be a single agreement world from day one.
Untitled
I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…
OpenAI has no "New Deal," a blueprint for AI that refuses to pay.
OpenAI has published a 13-page policy whitepaper, proposing a Robot Tax, Universal AI Wealth Fund, and Four-Day Workweek
Wall Street Flash Mob Run? Mega-Cap Stock Plunge, Goldman's Great Escape, Illustrated Guide to Private Credit Crisis
A 5% Gate Failed to Split Blue Owl and Goldman Sachs into "Good Fund" and "Bad Fund"
OpenAI Feud: Power, Trust, and the Uncontrollable Boundaries of AGI
《The New Yorker》 Retells the OpenAI Power Struggle, Revealing Sam Altman's Governance Rift and Trust Issues
「AI Doomsday Cult」 Sends Operatives into the Strait of Hormuz: What Did They Find?
The reality is much more complex than everyone imagines; the Strait of Hormuz is not in a simple open or closed state.
Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?
Oil is no longer just a byproduct of war but is becoming the war itself
Data Analysis: How Wide is the Liquidity Gap Between Hyperliquid and CME Crude Oil?
Compared to CME, Hyperliquid's high transaction costs remain a key obstacle to its expansion in the commodities trading sector.
App