According to the report, Binance holds 606,356 BTC for its users, which reflects a reserve ratio of 102.11%. It also holds 4.09 million ETH (100.00%), 37.88 million BNB (112.95%), and 34.73 billion USDT (107.45%).
A reserve ratio of over 100% means that Binance has more assets than it owes to customers, which helps increase confidence that it can cover withdrawals at any time.
Proof of reserves: why it matters
Proof of Reserves is a public audit that verifies an exchange’s on-chain assets against customer balances. This approach became standard after the FTX collapse in late 2022, which shook investor confidence across the industry. Since then, users have been demanding clearer evidence that exchanges actually hold the cryptocurrencies they claim.
our #Binance Our Proof of Reserves (PoR) mechanism allows anyone to confirm that our user assets are backed 1:1.
Check out this month’s PoR here 👉 pic.twitter.com/THe2b08qo6
— Binance (@binance) November 7, 2025
Binance was one of the first major exchanges to introduce PoR auditing in response. It uses encryption technology such as Merkle Tree, allowing users to independently check their balances without exposing their personal data. This combination of security and transparency has allowed Binance to maintain its credibility even as regulators around the world increase their scrutiny of crypto platforms.
Binance has released the latest Proof of Reserves snapshot (as of November 1st). Binance reports that users hold 606,356 BTC (reserve ratio 102.11%), 4.09 million ETH (100.00%), 37.88 million BNB (112.95%), and 34.73 billion USDT (107.45%). pic.twitter.com/NI1OFII4vW
— Wu Blockchain (@WuBlockchain) November 7, 2025
The exchange’s November report comes at a time when global trading volumes are on the rise again. According to CoinMarketCap, daily crypto exchange activity has increased nearly 35% over the past quarter, reflecting renewed investor optimism amid a market recovery. Binance’s solid reserve ratio indicates that it is well-positioned to handle this increased demand.
Learn more about Binance
Binance has released its crypto market insights for November. Investors are looking for direction after a rocky October, when the market fell 6.1%, making it the first red October since 2018. This decline was due to a large US$19 billion liquidation and uncertainty due to the US government shutdown. The Fed’s 25 basis point rate cut provided temporary relief, but the outlook has turned cautious. Meanwhile, Bitcoin dominance rose to 59.4%, indicating a flight to safety, while institutional interest in Ethereum remained solid.
It’s time to look at market analysis for November.
Discover current market conditions and key insights on:
🔸Market sentiment
🔸x402 activities
🔸 On-chain privacy
🔸 AI x virtual currency trading
…and so on.Please read this➡️ pic.twitter.com/l4H27rIAUb
— Binance Research (@BinanceResearch) November 6, 2025
New products like Bitwise’s Solana Staking ETF attracted notable inflows, demonstrating confidence in the next-generation chain. As November progresses, an easing in U.S.-China trade tensions and the Fed’s plan to end quantitative tightening in December could spark a rebound. Key areas to watch this month include market sentiment, x402 activity, on-chain privacy, the rapidly growing intersection of AI and crypto trading, and more.
Disclaimer
The information provided by Altcoin Buzz does not constitute financial advice. It is for educational, entertainment, and informational purposes only. All opinions and strategies shared are those of the writer/reviewer, and their risk tolerance may differ from yours. We do not accept any responsibility for any losses you may incur as a result of investments related to the information provided. Bitcoin and other cryptocurrencies are high-risk assets. Therefore, please conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
The article Binance Reveals Strong Proof of Reserves in Nov 1 UTC Snapshot appeared first on Altcoin Buzz.