Binance’s newest reserves present 639K BTC up 0.41%, whereas ETH drops by 162K and USDT falls by $1.16B in February’s snapshot.
Binance has launched its newest Proof of Reserves replace, providing an in depth view of person asset balances as of February 1.
The report presents modifications in Bitcoin, Ethereum, and Tether holdings, and it continues the alternate’s month-to-month disclosure course of supposed to trace person property throughout its platform.
BTC Holdings Rise Whereas Exercise Stays Regular
The report exhibits that person Bitcoin balances elevated in comparison with the earlier month.
Binance confirmed that whole person BTC holdings reached about 639,000 BTC. This displays a 0.41% improve from the January 1 snapshot, equal to an addition of two,614 BTC.
Binance launched its thirty ninth Proof of Reserves report (snapshot date: Feb. 1). Consumer BTC holdings had been about 639,000 BTC, up 0.41% from the earlier snapshot on Jan. 1 (up 2,614 BTC). Consumer ETH holdings had been about 4.18 million ETH, down 3.74% (down 162,469 ETH). Consumer USDT holdings… pic.twitter.com/rTnykKmXeF
— Wu Blockchain (@WuBlockchain) February 24, 2026
The regular rise matches current on-chain observations displaying energetic BTC deposits all through January.
Binance has continued to keep up full protection ratios for its listed property, and BTC stays one of the steady parts of its reserve construction.
Though the rise seems modest, the alternate famous that month-to-month BTC inflows stay constant.
Buying and selling exercise round Bitcoin additionally stayed robust throughout this era, which can have contributed to the upper balances.
ETH Balances Decline Throughout Consumer Accounts
In distinction to Bitcoin, Ethereum holdings recorded a month-over-month decline.
Binance reported that person ETH holdings fell by 3.74%, bringing the full to about 4.18 million ETH. This represents a discount of 162,469 ETH because the earlier snapshot.
The decline follows a month of notable ETH market motion, throughout which customers shifted property between exchanges and self-custody.
Some analysts monitoring alternate flows say that ETH withdrawals elevated throughout a number of platforms in late January, although Binance has not supplied extra context for the change.
Regardless of the discount, Binance states that each one ETH reserves stay totally backed. The report confirms that the alternate continues to make use of Merkle-tree verification to validate person balances inside its reserve system.
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USDT Holdings Drop by Extra Than $1 Billion
Tether balances additionally fell in the course of the month-to-month measurement interval. In keeping with the report, person USDT holdings declined by 3.07%, totaling roughly 36.8 billion USDT.
This marks a lower of about 1.16 billion USDT from the January snapshot.
The motion displays a interval of robust stablecoin exercise throughout the broader market.
Throughout January, a number of giant holders moved funds between chains and custodial platforms.
Binance recorded regular quantity in USDT buying and selling pairs all through the identical interval, which can have contributed to shifting balances.
Though USDT holdings skilled the biggest numerical decline among the many listed property, Binance didn’t report any points with liquidity or redemption exercise.
The alternate reiterated that its reserves stay totally backed throughout all supported tokens.