Per the updated proof-of-reserve (PoR) published by Binance, the top exchange showed that SHIB tokens in its reserve are more than the total deposited tokens by customers.
The total deposited amount of Shiba Inu —Customer Net Balance — on Binance is 76,737,751,676,039.80 (~76.7 trillion SHIB), according to the exchange’s updated PoR sheet.
Meanwhile, the exchange’s on-chain balance for SHIB reads 78,546,133,520,601.40 (~78.5 trillion) tokens. Hence, the SHIB reserve ratio on Binance is 102.36%.
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