Binance proof of reserves shows BTC and ETH rise, USDT decline

Binance released its 43rd monthly proof‑of‑reserves snapshot dated June 1. The data shows user Bitcoin balances grew 4.26% to roughly 630,000 BTC and Ethereum balances increased 10.17% to about 4.14 million ETH. In contrast, USDT holdings slipped 1.33% to around 34.3 billion USDT. The exchange reported reserve ratios above 100% for all major assets, indicating the platform remains over‑collateralized. Binance continues to publish these attestations to bolster confidence after the FTX collapse and amid ongoing regulatory scrutiny in the United States.