Binance’s Crypto Juggernaut: A Tale of Reserves and Numbers 📊💰

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In the vast and often tumultuous sea of digital currencies, where whispers of volatility and uncertainty often cast long shadows, Binance, the behemoth of the crypto world, has once again set sail with its 34th Proof-of-Reserves Snapshot. This time, it’s not just a mere voyage; it’s a grand spectacle of numbers and holdings that could make even the most seasoned mathematician blush. 🤓

As of the first day of September, Binance proudly declares a trove of 608,017 BTC, a treasure that has seen a modest yet significant growth of 2.85%, adding a whopping 16,858 BTC to its coffers since the last month. 🏦✨

Binance Publishes 34th Proof-of-Reserves Snapshot. As of Sept 1, Binance reports 608,017 BTC held for users (+2.85%, +16,853 BTC), 4.34 million ETH (−4.70%, −214,079 ETH), and 31.25 billion USDT (+4.69%, +1.4B USDT) compared to the Aug 1.

– Wu Blockchain (@WuBlockchain) September 8, 2025

But the story doesn’t end there. The exchange’s Bitcoin net balances stand at a staggering 629,273 BTC, with an exchange balance of 600,060 BTC and a third-party custody of 29,213 BTC. It’s like having a piggy bank and a vault, both brimming with digital gold. 💰🔒

For Ethereum, the narrative takes a slight dip, much like the market itself. Binance now holds 4,340,935 ETH on behalf of its users, marking a 4.7% decline, or 214,079 ETH, from the previous month. However, the net balances remain robust at 4,341,048 ETH, with an exchange balance of 4,003,076 ETH and a third-party custody of 337,971 ETH. It’s a bittersweet tale of loss and resilience. 😔💪

XRP, SOL, BNB, USDT reserves disclosed

The saga continues with XRP, where Binance reports holding 2,708,196,286 XRP for its users, with a total net balance of 2,788,066,030 XRP. This includes an exchange balance of 2,679,656,480 XRP and a third-party custody of 108,409,550 XRP. It’s a number so large, it might as well be the population of a small country. 🌍👨‍👩‍👧‍👦

Not to be outdone, Solana (SOL) also makes its mark, with Binance holding 23,792,991 SOL for its customers. The net balances total 23,793,005 SOL, comprising an exchange balance of 22,613,923 SOL and a third-party custody of 1,179,082 ETH. Yes, you read that right, ETH, not SOL. Sometimes, the universe just likes to throw a curveball. 🏏?

BNB, the native token of Binance, is no stranger to the limelight. Binance holds 39,305,748 BNB for its users, with net balances totaling 44,227,046 BNB. This breaks down into an exchange balance of 43,819,393 BNB and a third-party custody of 407,652 BNB. It’s a testament to the loyalty and trust of the Binance community. 🌟❤️

And finally, the stablecoin USDT, the unsung hero of the crypto world, sees a 4.69% increase, with Binance holding 31,255,725,065 USDT on behalf of users, adding a cool 1.4 billion USDT since August 1. Stability, it seems, is not just a myth. 🛡️🔄

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2025-09-08 16:40