DeFi Intel

Binance's Aug 2026 report shows rising Bitcoin balances, but Ethereum and Tether holdings decline.

Binance's 45th Proof of Reserves report from August 1, 2026 shows user Bitcoin holdings rose by 16,349 BTC to approximately 657,000 BTC, continuing a three-month growth trend. Ethereum and Tether balances declined by 2.57%, with ETH falling to about 3.98 million and USDT to roughly 32.9 billion tokens. Binance reported reserve ratios above 100% for BTC, ETH, and USDT, though the report does not explain the reasons behind the balance movements and serves as a snapshot rather than a full financial audit.

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