Binance users are parking more crypto on the exchange, not less. The platform’s latest Proof of Reserves snapshot, dated June 1, shows net user BTC balances of approximately 632,580 BTC and 4,144,940 ETH, representing period-over-period increases of 4.26% and 10.17% respectively.
The numbers in context
As of August 2025, Binance reported BTC holdings of roughly 591,000. That means the exchange has seen an increase of more than 41,000 BTC in user deposits over approximately ten months.
For BTC specifically, the exchange reported an over-collateralization ratio of 100.20%. For every Bitcoin users have deposited, Binance holds slightly more than one Bitcoin in reserve.
The verification method behind these numbers uses zk-SNARKs combined with Merkle trees, a cryptographic approach that allows individual users to verify their balances are included in the total without exposing anyone else’s data.
