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Binance Releases June Proof of Reserves Report: ETH Holdings Climb, BTC and USDT Decline

  • Binance released its June Proof of Reserves report showing mixed trends in major assets.
  • Ethereum holdings increased, while Bitcoin and USDT holdings declined slightly.
  • Reserve ratios across listed assets exceeded 100%, ensuring full collateralization and surplus liquidity.
  • Binance's transparency through monthly disclosures reinforces user trust amidst regulatory scrutiny of centralized exchanges.

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