Binance User Assets Surge: Bitcoin Up 2.65%, Ether Up 2.9%, Tether Up 4.45%

The post Binance User Assets Surge: Bitcoin Up 2.65%, Ether Up 2.9%, Tether Up 4.45% appeared first on Coinpedia Fintech News

Binance has released its latest proof-of-reserve report, revealing a significant increase in user assets over the past month. As of January 1, the total value of BTC held by Binance users stood at 575,000 BTC, up 2.65% from the previous report in December. This equates to an increase of 14,850 BTC. Binance’s ETH holdings also saw a rise, with a total of 4 million ETH now held by users, representing a 2.9% increase from the previous report. The exchange’s USDT reserves also grew, with a total of 16.8 billion USDT now held by users, up by 4.45%.