Binance users add 16,349 BTC as ETH, USDT fall

Binance published its 45th Proof of Reserves report using user balances recorded on Aug. 1, 2026. The snapshot showed customer Bitcoin holdings rising for another month, while Ethereum and Tether balances declined. Summary Binance users held approximately 657,000 BTC on August 1, increasing balances by 16,349 BTC monthly. User Ethereum balances fell 2.57% to approximately 3.98 million ETH in Binance’s latest reserve snapshot. USDT holdings declined by roughly 870 million tokens, reaching approximately 32.9 billion USDT across accounts. Binance reported 100.25% reserve ratios for both Bitcoin and Ethereum at the snapshot time, respectively. Proof of reserves verifies point-in-time backing but cannot replace a complete independent financial audit process. Users held approximately 657,000 BTC, up 2.55% from the July 1 snapshot. The increase amounted to 16,349 BTC, according to figures published through Binance’s reserve dashboard. Ethereum balances moved in the opposite direction. Users held about 3.98 million ETH, down 2.57%, or 105,154 ETH. USDT balances also fell 2.57% to approximately 32.9 billion tokens, a decline of roughly 870 million USDT. Binance released its 45th Proof of Re...