Binance Tether balance decreased 14.43% compared to October 31
Original headline바이낸스 테더 잔액 14.43% 감소, 10월 31일 대비
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Binance user Tether (USDT) balances fell 14.43% to roughly 25.227 billion tokens in the November 4 proof-of-reserves snapshot compared with the October 31 tally, a drop of about 4.256 billion USDT, according to Wu Blockchain. User Bitcoin balances declined 0.96% to about 685,500 BTC (6,663 BTC), while Ethereum holdings dropped 5.71% to roughly 3.4461 million ETH (208,800 ETH). Binance Coin balances slipped just 0.30% to about 42.512 million BNB (126,300 BNB), the smallest percentage decline among the four assets. The figures reflect user-held token quantities rather than total exchange reserves, and the sharp USDT drawdown matters as a signal of stablecoin liquidity and user withdrawal behavior on the largest exchange. What to watch next is whether the USDT decline continues in subsequent snapshots or reverses as deposits return.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Binance, Tether, Ethereum (ETH), Binance Coin (BNB), Bitcoin (BTC)
A linked name opens that asset's sentiment page.