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<p><strong>Key Points</strong>:</p>   
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 <li><em>Binance Proof of Reserves reveals over $120 billion in assets, showing notable growth in BTC and ETH holdings.</em></li>   
 <li><em>Binance’s Bitcoin holdings increased by 2.09%, while Ethereum rose 6.20%, reflecting strong asset backing.</em></li> 
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<h5 class="wp-block-heading">Binance Proof of Reserves reveals $120 billion in assets across 34 tokens, showing growth in BTC and ETH holdings, with Bitcoin up 2.09% and Ethereum up 6.20%.</h5>   
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<h2 class="wp-block-heading" id="strong-binance-proof-of-reserves-shows-120-billion-in-assets-strong"><strong>Binance Proof of Reserves Shows $120 Billion in Assets</strong></h2>   
<p>Binance&nbsp;published&nbsp;the&nbsp;24th Proof of Reserves,&nbsp;taken on&nbsp;Nov.&nbsp;1st,&nbsp;for&nbsp;34 different tokens,&nbsp;representing&nbsp;more&nbsp;than&nbsp;$120 billion in&nbsp;total&nbsp;assets held on the&nbsp;exchange.&nbsp;Additionally, user BTC holdings&nbsp;reached&nbsp;608,587 BTC,&nbsp;an&nbsp;increase&nbsp;of&nbsp;2.09%&nbsp;compared&nbsp;to&nbsp;the previous month.&nbsp;This&nbsp;is&nbsp;also&nbsp;indicative of&nbsp;Binance&nbsp;taking&nbsp;transparency&nbsp;seriously, as&nbsp;Proof&nbsp;of Reserves usage keeps increasing while other&nbsp;exchanges&nbsp;are&nbsp;busy&nbsp;trying&nbsp;to&nbsp;restore confidence&nbsp;to&nbsp;their&nbsp;users.</p>   
<p>Ethereum and USDT&nbsp;reserves&nbsp;also&nbsp;posted&nbsp;healthy&nbsp;upticks&nbsp;on&nbsp;Binance's&nbsp;proof of reserves&nbsp;for the most recent reporting period.&nbsp;ETH&nbsp;user&nbsp;assets&nbsp;are&nbsp;documented&nbsp;at&nbsp;4,699,518 ETH-up&nbsp;6.20%,&nbsp;while&nbsp;users&nbsp;are&nbsp;holding&nbsp;20.85 billion&nbsp;in USDT. This&nbsp;reserve&nbsp;statement&nbsp;reflects&nbsp;complete transparency to&nbsp;users and investors&nbsp;regarding&nbsp;its&nbsp;asset backing,&nbsp;all&nbsp;while&nbsp;working&nbsp;toward&nbsp;financial stability in a&nbsp;turbulent&nbsp;crypto market, according to<a href="https://www.binance.com/en/proof-of-reserves" target="_blank" data-type="link" data-id="https://www.binance.com/en/proof-of-reserves" rel="noreferrer noopener"> Binance</a><span style="font-size: revert;color: initial;, sans-serif">.</span></p>   
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/290858-binance-founder-cz-increases-net-worth/" target="_blank" data-type="link" data-id="https://coincu.com/290858-binance-founder-cz-increases-net-worth/" rel="noreferrer noopener">Binance Founder CZ Increases Net Worth to $53 Billion After Trump Win</a></strong></p>   
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    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
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Binance Proof of Reserves Shows $120B in Assets Across 34 Tokens

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