Shows Off Its Bitcoin Holding Amid Market Crash

November 10, 2022

Binance, the world’s largest cryptocurrency exchange, has revealed the details of its hot and cold wallet holdings. 

In its recent blog post, Binance mentioned that it is a part of Binance’s ongoing commitment to transparency. 

As per the Binance data, Binance has dropped its major holdings which include Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), BNB tokens and TRX.

The data shows Binance is holding a massive 475K Bitcoins (BTC) amid the crash. It’s total BTC holdings are worth around $7.89 billion.

It has 4.8 million Ethereum (ETH) in several hot and cold wallet addresses. It’s total ETH holdings are now worth around $5.79 billion.

Apart from this, Binance also holds $17.6 billion worth of USDT, $21.7 billion worth of BUSD and $601 million worth of USDCs. 

Binance has 58 million BNB tokens worth $16.1 billion.