Binance reduced its net reserves of Ethereum by over 30,000 in September, while continuously increasing its holdings of Bitcoin

According to ChainCatcher's message and the official announcement, Binance has again reduced its Ethereum holdings in September, with the net holding decreasing from 30,475 coins in August to 113 coins at the beginning of September. Based on the current price of $4,300, this reduction amounts to approximately $130.5 million in Ethereum. Previously, Binance's June reserve report indicated a significant reduction in Ethereum reserves for that month.

In contrast, Binance continued to increase its Bitcoin holdings this month, with a net increase of about 3,779 Bitcoins compared to last month, bringing the current net holding to 21,256 Bitcoins. At the current price of $111,000, the net increase is valued at approximately $419 million.