Binance’s October Proof of Reserves data reveals a significant shift in user preferences. Bitcoin holders on the platform collectively added approximately 6,217 BTC to their balances, bringing the total to about 688,600 BTC, a 0.91% increase. Meanwhile, ETH holdings fell 4.61% to approximately 3.799 million, representing a decrease of roughly 183,600 ETH. USDT also declined 0.87% to approximately 32.03 billion, and BNB dropped 0.77% to approximately 43.04 million. At press time, Bitcoin was trading at $83,448.55, down 3.2% over 24 hours, while Ethereum was at $2,573.66, down 5%. These figures come amid Binance’s MiCA licensing setback in the European Union.
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