Binance's May Bitcoin Holdings Increase by Over 6393 Coins Compared to April

BlockBeats News, May 8th, according to the Binance May Reserve Risk report, Binance's May net holdings (Binance Net Balances minus Customer Net Balances, the same below) were 12,475.807 BTC, which is an increase of 6,393.577 BTC compared to April's 6,082.23 BTC. Calculated at the current BTC price of $99,000, the value of the additional holdings is approximately $6.32 billion.

During the same period, Binance's May USDT net holdings decreased to 600,393,497 USDT, a reduction of 651,077,608 USDT compared to April (1,251,471,105).