CryptoQuant revealed that Binance’s BTC liabilities or customer deposits are 97% collateralized by Binance’s assets. This collateralization grows 101% when the BTC loaned out to customers is included. The analytics provider reported that Binance does not show any FTX-like behavior as the native token (BNB) is not a large share of Binance’s reserves. Also, the The post Binance Dispels FUD With Another Proof-Of-Reserves Report appeared first on Coin Edition .
