Binance just shut down the latest rumors about it secretly dumping assets after reports surfaced of a major drop in its reserves. The exchange made it clear—no assets were sold, and user funds are still locked up safe and sound.
According to data, Binance’s reserves at the end of January 2025 included 2,746 BTC, 275 million USDT, 174 ETH, and 4,179 SOL. But compared to December 2024—when it reportedly held 46,896 BTC, 2.99 billion USDT, 216,312 ETH, and 442,234 SOL—it looks like there’s been an $8 billion drop, setting off alarm bells.
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Binance isn’t having it. The team says these fluctuations aren’t because of asset sales but internal treasury management. In other words, they’re just moving money around behind the scenes, not cashing out. They also reminded everyone that user assets are fully backed and protected by the Secure Asset Fund for Users (SAFU)—a fund created just for emergencies.
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Plus, Binance’s Proof of Reserves system supposedly ensures everything is backed 1:1, meaning users can withdraw their money whenever they want. Even though Binance insists there’s nothing shady going on, crypto traders and analysts are keeping an eye out for any more unexpected moves.
