Just-In: Binance Discloses Its Bitcoin Holding Amid Market Crash
Binance, the world’s largest cryptocurrency exchange has revealed the details of its hot and cold wallet addresses. It mentioned that it is a part of Binance’s ongoing commitment to transparency. However, the crypto exchange will be sharing Merkle tree proof of funds within the next few weeks.
Binance drops BTC, ETH holdings
Binance has dropped its major holdings which include Bitcoin (BTC), Ethereum (ETH), Binance Smart Chain (BSC), BNB tokens and TRX.
As per the data shared by Binance, it is holding a massive 475K Bitcoins (BTC) amid the crash. As per the press time, BTC is trading at an average price of $16,623. Binance’s total BTC holdings are worth around $7.89 billion.
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