Binance released its reserve proof for February 2024. As of February 1st, the net balance of BTC for Binance platform users was 594,688.859 coins, and the net balance of BTC for the Binance platform was 609,477.128 coins, with a BTC reserve ratio of 102.49%. In addition, the net balance of ETH for Binance platform users was 4,163,085.942 coins, and the net balance of ETH for the Binance platform was 4,353,718.384 coins, with an ETH reserve ratio of 104.58%.
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Binance releases reserve certificate for February 2024, BTC reserve ratio reaches 102.49%
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Kaiko data: Bitcoin miners’ income has dropped sharply, and they may sell BTC to maintain operations
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Ethereum has about $48.05 million in on-chain loan liquidation quota around $2,778
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