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Binance’s Reserves Still Close to ATHs with Persistent Sell-offs
Yahoo Finance·2025-10-16 17:44

Binance, the largest cryptocurrency exchange by trading volume, recorded a significant decline in its digital asset reserves over the past week. The top exchange witnessed an 8billionplungeinitsBitcoin,Ethereum,Tether,andUSDCoinreservesoverthelastsevendays,accordingtoanXpostbyCryptoQuantanalystJulioMoreno.MorenohintedattheprecrashmarketconditionswhenBinancesreservevaluewasgrowingbyroughly8 billion plunge in its Bitcoin , Ethereum , Tether , and USD Coin reserves over the last seven days, according to an X post by CryptoQuant analyst Julio Moreno. Moreno hinted at the pre-crash market conditions when Binance’s reserve value was “growing” by roughly 14 billion due to inflated asset prices. The CryptoQuant analyst’s ...