On July 1, Binance released its 20th proof of reserves, showing a significant increase in user assets. User BTC holdings have risen by 4.01% since June 1, reaching 605,637 BTC.
Similarly, user ETH assets saw a 1.01% increase, totaling 4.711 million ETH. However, user USDT assets experienced a decline of 2.54%, dropping to 21.51 billion USDT.
In the past month, two new addresses have amassed 10,798 ETH from Binance and Coinbase, valued at around $32.54 million, with an average transfer price of $3,258. Notably, 4,472 of these ETH, worth $13.41 million, were withdrawn to an on-chain wallet within the past hour. These addresses, possibly institutional, have staked 3,616 ETH to the Ethereum beacon chain.
In another notable transaction, Ethereum co-founder Vitalik Buterin, through his vitalik.eth address, transferred 100 ETH, worth approximately $300,000, to the multi-signature contract 0x82…a9FE at 19:44 UTC+8 today.
This transfer is believed to be a donation to the 2077 Collective, a community-driven organization focused on promoting Ethereum adoption.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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