Binance Reveals August Reserves: BTC Coverage Ratio at 102.96%

Key Takeaways:Binance’s August 1 Proof of Reserves report shows a BTC reserve ratio of 102.96%, with 591,163 BTC in user assets and 608,639 BTC held in Binance wallets.ETH reserves stand at 100.67%, with a user balance of 4.55 million ETH and wallet balance of 4.58 million ETH.USDT reserve ratio is 102.27%, and BNB reserve ratio is 111.74%, indicating strong over-collateralization.Binance Maintains Full Asset Backing in August Proof of ReservesBinance has published its August 2025 Proof of Reserves (PoR) report, reinforcing its commitment to transparency and solvency. The data, as of August 1, 2025, shows full backing—and in most cases, overcollateralization—of major user assets, including BTC, ETH, USDT, and BNB.Bitcoin Reserves: 102.96% CoverageAccording to the latest disclosure:User BTC Net Balance: 591,163.841 BTCBinance Wallet BTC Balance: 608,639.998 BTCReserve Ratio: 102.96%This means Binance holds more Bitcoin than required to cover all user balances, offering reassurance amid market volatility and regulatory scrutiny.ETH, USDT, and BNB Also Fully BackedIn addition to Bitcoin, Binance reported strong reserve ratios across other major assets:Ethereum (ETH):User Balance: 4,555,013.724 ETHWallet Balance: 4,585,489.832 ETHReserve Ratio: 100.67%Tether (USDT):Reserve Ratio: 102.27%BNB (Binance Coin):Reserve Ratio: 111.74%