In its 19th Proof of Reserves (PoR) report, Binance has disclosed changes in holdings of BTC, ETH, USDT, XRP, and Shiba Inu, with total asset reserves amounting to $124.69 billion.
Renowned crypto news reporter Colin Wu highlighted that Binance unveiled its 19th Proof of Reserves report, showcasing significant shifts in user assets. As of June 1, Binance users held 582,292 BTC tokens, marking an increase of 534 BTC from the previous month. User ETH assets reached 4.664 million, reflecting a 7.02% rise, while USDT tokens held by customers decreased by 3.38% to 22.08 billion.
Overall, Binance’s asset reserves totaled $124.69 billion, showing a net outflow of $1.54 billion from the previous month. This report confirms Binance’s commitment to holding user assets 1:1, supplemented by additional reserves.
The report also delves into the financial statistics of XRP. Customer net balances amounted to 2.9 billion XRP, while Binance net balances stood at 2.934 billion XRP, including direct exchange balances and third-party custody holdings. The XRP ratio of 101.17% indicates a surplus in one of the balance metrics. XRP is currently trading at $0.5242 with a 0.03% 24-hour growth.
Exchanges like Binance have observed significant inflows and outflows, with Whale Alert noting $88 million in XRP moving in and out of Coinbase and Binance. These movements are essential for understanding exchange liquidity, risk management, and asset distribution.
Regarding Shiba Inu holdings, customer net balances of SHIB totaled 62.62 trillion tokens, while Binance’s net balances reached 64.8 trillion tokens, including direct exchange balances and third-party custody. The SHIB ratio of 103.49% indicates that customer holdings slightly exceed those of Binance. SHIB is currently trading at $0.00002524, reflecting a 1.43% drop over the last day.
Furthermore, SHIB has garnered extensive support and listings on various leading centralized exchanges. Despite community appeals, major exchanges like Binance and Coinbase have yet to list BONE, another Shiba Inu ecosystem token.
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