Shocking Revelations in Binance’s June Report: Who’s Winning and Losing? 😱

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Ah, the data—that fickle mistress of truth! It reveals a tapestry woven with threads of hope and despair, where Ethereum, that ever-hopeful creature, has seen a modest rise, while Bitcoin and USDT, those once-mighty titans, have stumbled ever so slightly into the abyss of decline. How tragic! 😂

Key Changes in User Asset Balances

  • Bitcoin (BTC): A lamentable drop of 1.82% month-over-month, leaving us with a mere 593,411 BTC, down from the lofty heights of 604,450 BTC on the fateful day of May 1. Oh, the humanity!
  • Ethereum (ETH): A glimmer of hope! User holdings have risen by 1.05% to 5.337 million ETH, a testament to the unwavering faith of its holders. Accumulation, they call it—perhaps a sign of madness? 🤔
  • Tether (USDT): A decline of 0.77%, now languishing at 28.83 billion USDT—down roughly $223 million. A sad tale indeed, as if the very essence of stability has slipped through our fingers.

Reserve Ratios and Surpluses

In this grand theater of finance, Binance continues to play the role of the benevolent guardian, maintaining reserves exceeding 100% across all listed assets. A full collateralization, they say, with surplus liquidity that would make even the most cynical observer raise an eyebrow:

  • USDC takes the crown with a staggering 153.01% reserve ratio. Truly, a king among peasants!
  • LTC (Litecoin) follows, a humble servant at 113.61%. How quaint!
  • BNB and FDUSD, those loyal companions, stand strong at 111.74% and 112.86%, respectively. A merry band of overachievers!

Core assets like ETH (100.00%) and SOL (100.00%) match customer net balances 1:1, a perfect harmony in this chaotic world. The BTC reserve ratio stands at 102.13%, while USDT reserves are at 101.52%. And let us not forget the overzealous DOGE and POL, boasting ratios of 110.99% and 107.73%. Such extravagance! 🎉

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2025-06-09 15:36