Binance maintains more than 100 % reserves for 29 months in a row

Binance maintained a backup rate of more than 100 % for 29 consecutive months, despite rumors of encryption exchange that sells a large part of Bitcoin reserves, according to Blockchain Analytics Cryptoquant.

The backup ratio is a major scale that shows whether the stock market carries enough assets to match customer balances. It means a percentage of 100 % that Binance has more reserves than total customer balances on its platform, which reduces insolvency risk.

Binance maintains 100 %+ reserves

Marton’s encrypted analyst recently I mentioned The total client balance in Binance 633,092 BTC. From this, 606,143 BTC is stored directly by Binance, while 26,948 BTC is stored as a BTCB-version, which is a symbolic version of Bitcoin on the smart BNB series-which is managed through the third-party custody.

To check the accuracy of this data, Binance exchange balances have been reported with bitcoin network reserves on the chain. The numbers are identical, which enhances the transparency of financial disclosures.

The report comes amid speculation that Binance is throwing its BTC holdings to USDC Stablecoin. However, the exchange exchanges, saying that this step is just part of the standards accounting process. Cryptoquant analysis reinforces these allegations.

“Based on this analysis, the Binance Banque Declaration appears to be healthy I mentioned.

Binance began publishing PROOF-ORSERVE (Por) reports in late 2022 after the collapse of FTX. The FTX explosion, which reveals in November 2022, revealed a great mismanagement of customer boxes, prompting Burnes and other exchanges to adopt Por as a transparent measure to rebuild user confidence.

Trusted liquidity center

In another development, Binance has emerged as the best central exchange of encryption flows, more than a quarter of all BTC and half of ETH withdrawals this month.

According to Cryptoquant, 6.40 million ETH was withdrawn from the central stock exchanges in early March, where Binance represents 46 % of these external flows. Likewise, 496,000 BTC left exchanges, with 27 % of Binance.

While these numbers may initially raise concerns, analysts believe that they reflect institutional accumulation, re -customize strategic assets, and trust in Binance as a liquidity center for holders and large institutions.