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Binance Reveals New Reserve Data for July

  • Binance released its 32nd reserve data report for July, showing overcollateralization across major tokens.
  • Reserves exceed user deposits with 102.51% of user BTC, 101.11% of USDT, 100% of ETH, and 111.79% of BNB.
  • User behavior shifts noted with decreases in Bitcoin and Ethereum balances, while USDT holdings increased.
  • Binance tracked tokens include Solana, PEPE, SUI, WIF, TRUMP, Ethena (ENA), and Hedera (HBAR) alongside flagship assets.

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