based on information gathered from Nansen Crypto analytics platform, Binance now has reserves at $70,675,000,000
According to Nansen, the CZ exchange currently has reserve funds at $70,675,000,000, which represents a commitment to transparency. Data shows that 32.99% of assets are in BUSD, 22.92% in USDT, 10.22% in ETH, 8.97% in BTC, 8.60% in BNB, and 16.29% in other tokens.
The revelations are part of the collapse of FTX, which has suffered liquidity recently.
CZ recently tweeted about the importance of “merkle-tree-proof-of-reserves” and reiterated that Binance will begin doing so with full transparency.
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