The 12th Merkle Tree Asset Reserve Proof was released (snapshot date is November 1st), proving that Binance has funds covering all user assets in a 1:1 ratio. The details are as follows:
- The net balance of BTC user assets is 584,000, a decrease of 0.72% from October's 588,000;
- The net balance of ETH user assets is 3.91 million, an increase of 2.25% from the previous amount of 3.83 million;
- The net balance of USDT user assets is 15.27 billion, a decrease of 0.29% from the previous amount of 15.31 billion;
- The net balance of BNB user assets is 31.216 million, an increase of 6.42% from the previous amount of 29.334 million.
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