Data: In September, Binance users increased their Bitcoin holdings by 537 million USD and decreased their Ethereum holdings by 499 million USD

Binance's proof of reserves data shows that in September 2026, Binance users' Bitcoin holdings increased by approximately $537 million, with the holding volume rising by 0.91% to about 688,600 coins; during the same period, Ethereum holdings decreased by approximately $499 million, with the balance dropping by 4.61%, USDT holdings decreased by 0.87%, and BNB holdings decreased by 0.77%.

Bitcoin is the only major asset with a growth in customer balances. Binance's report did not specify the reasons for this and did not indicate whether the same group of customers sold ETH and bought BTC. In terms of reserves, Binance's coverage ratio of eight assets against customer deposits exceeds 100%; Binance holds approximately 691,000 BTC, corresponding to customer holdings of about 688,600 coins, with a surplus of 0.35%, approximately 2,431 coins, and Ethereum reserves have almost no surplus.