PANews reported on May 8 that according to the analysis of on-chain analyst @ai_9684xtpa, based on the May reserve report updated by Binance today, the changes in its own funds over the past three months are analyzed:
- BTC: 9729 more ($963,171,000)
- ETH: 8033 more ($15,262,700)
- USDT: Increased by 324,667,715
- BNB: 15,913 more ($9,706,930)
- SOL: 2,453 less ($367,950)
- XRP: 14,501,682 (US$31,613,666) less
- USDC: Increased by 1,696,637,283
Except for BTC and stablecoins, the reserves of other assets have hardly increased or even decreased. Although the holdings of ETH and BNB have increased by nearly 10 million US dollars, Binance's spot fees are charged according to the trading currency, and its actual holdings are still decreasing.
