USDC: Probably $2.9 billion
USDT: Approximately $600 million
BNB: Probably $3 billion
BTC: Probably $1.25 billion
XRP: Probably $167 million
ETH: Approximately $15 million (negligible)
SOL: Approximately $26w (negligible)
Conclusion ⬇️
1️⃣ Stablecoins account for the half, maintaining sufficient cash flow
2️⃣ BNB accounts for half, or BNB-based, you can hold BNB with confidence
3️⃣ BTC holds a part, except for U, BNB, Binance believes in BTC
4️⃣ Other changes are not significant, mainly adding BTC and U
🤔Odd.
Is Binance's cash flow so small?
Binance today released its reserves report for May, which significantly increased the reserves of stablecoins, such as USDT and USDC, compared to the same period in February. At the same time, many altcoins such as SOL and XRP continue to reduce their holdings.
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