Binance Snapshot Shows Bitcoin Balances Rise as Ether, Tether and BNB Balances Fall

Binance's Oct. 31 proof-of-reserves snapshot showed customer Bitcoin (BTC) balances up 3,614 BTC from Oct. 1, while Ether (ETH), Tether (USDT) and BNB balances declined.

At 8 p.m. ET Oct. 30 (00:00 UTC Oct. 31), BTC totaled about 692,200, an increase of 0.52% from Oct. 1. ETH stood at about 3.6549 million, down roughly 144,200, or 3.8%.

Tether balances came to 29.483 billion USDT, lower by about 2.545 billion, or 7.95%. BNB totaled about 42.6383 million, down roughly 401,700, or 0.93%.

Holders of 10 tokens, including BTC, ETH, USDT and BNB, could use Binance's completed zero-knowledge proof to verify their assets were backed at least 1:1.