<ul><li>Binance recorded lower Bitcoin (BTC) reserves following reduced market sentiment. BTC holdings dropped 2.48% to 612,000 BTC in the last 30 days.</li><li>The market remains prone to negative macro movements, leading to massive outflows to reduce losses.</li><li>Binance's Proof of Reserves report shows reduced altcoin holdings, with Ethereum (ETH) down 2.71% to 5,265,167 tokens in the last 30 days. In contrast, BNB increased by 1.63% to 39,536,867 assets.</li><li>Bitcoin is down over 22% this year, and Ethereum's price dropped by 14% today, sparking concerns among holders.</li></ul>

Binance Bitcoin Reserves Decline Amid Tighter Red Wave

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