Binance has upheld a reserve ratio above 100% for the 29th consecutive month, according to CryptoQuant, dismissing concerns about a potential Bitcoin sell-off.
The exchange currently holds 633,092 BTC in customer balances, with 606,143 BTC directly in reserves and 26,948 BTC stored as BTCB on the BNB Smart Chain.
Despite rumors of Binance offloading BTC for USDC, CryptoQuant’s analysis confirms that the exchange’s proof-of-reserve data remains stable and aligns with on-chain figures. Binance clarified that these transactions are routine accounting processes, not large-scale liquidations.
Since launching PoR reports in 2022 after the FTX collapse, Binance has maintained transparency and consistently kept reserves above 100%.
Additionally, Binance has processed significant crypto outflows, handling 27% of total BTC withdrawals (496,000 BTC) and 46% of ETH outflows (6.40 million ETH) this month.
Analysts believe these movements signal institutional accumulation and strategic repositioning rather than liquidity concerns.
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