Binance Releases July Proof of Reserves Report

Exchanges

• The July Proof of Reserves (PoR) report shows a 2.99% increase in Bitcoin reserves.
• Ethereum holdings dropped by 497,000 coins, amid rising staking activity.
• Reserve ratios for all major assets remain above 100%.

Cryptocurrency exchange Binance has published its 33rd PoR report, covering July 2025. According to the data, the platform increased its Bitcoin reserves by 17,167 BTC, bringing the total user holdings to 591,163 BTC — a 2.99% rise compared to the previous month.

Additional findings:

• USDT reserves rose by 0.87%

• BNB reserves increased by 0.38%

Binance representatives say this reflects steady user demand.

At the same time, the amount of Ethereum held in user accounts fell by nearly 10%, down to 4.55 million coins. This decline is attributed not to falling interest, but to shifting user behavior.

Some analysts suggest the sharp 497,000 ETH drop over the month may be linked to the growing popularity of staking platforms and Layer 2 ecosystems, which offer additional yield opportunities. Still, Binance remains the largest holder of ETH among centralized exchanges.

As of the end of July:

• USDT reserves reached $29.85 billion

• User-held BNB rose to 39.79 million tokens

Binance maintains full backing for all major assets. The current reserve ratios are:

• 102.96% for Bitcoin (BTC)

• 100.67% for Ethereum (ETH)

• 102.27% for USDT

• 111.74% for BNB

The regular publication of PoR reports remains a core part of Binance’s strategy to enhance transparency and user trust. Company representatives emphasize that this is especially important amid increased regulatory scrutiny of centralized platforms.

See also: "Crypto Market Losing Bullish Momentum: Troubling Signals from Options"

#Binance #Proof #Reserve

Share: