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Binance Users’ Tether (USDT) Balance Falls 14.43% in Reserve Snapshot

Bitcoin, Ether and BNB balances also declined from the prior snapshot. The newer reading was timestamped Nov. 3 at 7 p.m. ET.

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Four glass vessels show different gaps below their faint level marks / TokenPost.ai
Four glass vessels show different gaps below their faint level marks / TokenPost.ai

Binance’s latest reserve snapshot showed user assets of Tether (USDT), Bitcoin (BTC), Ether (ETH) and BNB all declined from the previous reading, with Tether posting the largest percentage drop.

The newer reading was timestamped Nov. 3 at 7 p.m. ET (Nov. 4 at 00:00 UTC). The prior reading was timestamped Oct. 30 at 8 p.m. ET (Oct. 31 at 00:00 UTC).

At the newer reading, user assets totaled about 25.227 billion USDT, 685,500 BTC, 3.4461 million ETH and 42.512 million BNB.

Compared with the prior snapshot, Tether fell about 4.256 billion USDT, or 14.43%. Bitcoin declined by 6,663 BTC (0.96%), Ether by about 208,800 ETH (5.71%) and BNB by about 126,300 BNB (0.30%).

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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