Data: Binance reserve snapshot shows users hold approximately 687,900 BTC

The Binance publication date for the new proof of reserves snapshot is November 12. Compared to November 4, user BTC holdings increased by 0.35% to approximately 687,900 coins, a net increase of 2,388 coins; ETH holdings increased by 1.04% to 3.48 million coins; USDT holdings decreased by 3.68% to 24.3 billion coins, a reduction of 928 million coins; BNB holdings increased by 1.03% to 42.95 million coins. Binance stated that this snapshot is different from the usual monthly proof of reserves and was conducted as an additional verification following the October 29 hacking incident involving approximately $6.34 billion in crypto assets, and stated that it has fully compensated for the affected assets.