Binance’s latest Proof of Reserves reveals a major shift in user positioning, where Bitcoin balances are climbing, while ETH and USDT fall. At the same time, Binance’s stablecoin over-reserves hit six-month highs, strengthening liquidity during ongoing market volatility. Bitcoin Accumulation Jumps as User Behavior Shifts Binance users increased their Bitcoin balances by 4% month-over-month, reaching 617,620 BTC, according to the exchange’s 37th Proof of Reserves snapshot. That’s an addition of 23,768 BTC since November 1
source: https://beincrypto.com/binance-proofs-reserves-btc-surge-over-reserves/