According to the statistics of crypto KOL AB Kuai. Dong, Binance significantly reduced the platform's own BTC and ETH holdings in January, and converted most of its assets into stablecoins USDC. Among them, BTC holdings fell from 46,896 to 2,747 (a decrease of 94.1%), ETH holdings fell from 216,313 to 175 (a decrease of 99.9%), SOL holdings decreased by 99%, and USDT holdings were almost cleared (a decrease of 99.9%). In contrast, BNB's holdings were lower, only 16.6%, falling from 5.839 million to 4.869 million, a change of about $615 million. Meanwhile, Binance's USDC holdings increased by 57.5%, from 805 million to 1.268 billion, an increase of 463 million dollars. The data comes from Binance Reserve Proof, which mainly involves platform equity funds, not user deposits. Analysts believe that this move may be to adjust the asset structure, enhance liquidity, or prepare for future regulatory and market fluctuations. Some users also said that the high probability of reducing holdings is to pay fines to US regulators.