Binance's September Net Ethereum Reserve Reduced by Over 30,000 Coins, Continues to Accumulate Bitcoin

BlockBeats News, September 8th, Binance published its September reserve report. Compared to the August reserve report, Binance once again reduced its Ethereum holdings in the September reserve report, with the net holding decreasing from 30,475 ETH in August to 113 ETH in early September. At the current price of $4300, this represents a reduction of approximately $130.5 million worth of Ethereum. Previously, Binance's June reserve report showed a significant reduction in its Ethereum reserves.

In contrast, Binance continued to increase its Bitcoin holdings this month, adding approximately 3779 BTC compared to last month, with a current net holding of 21,256 BTC. At the current price of $111,000, this represents an addition of approximately $419 million in value.