Binance users hold crypto assets worth $115 billion, up $54 billion from a year ago
On July 16th, Binance's monthly proof of reserves showed that as of the beginning of July, the value of cryptoassets held by Binance users increased by $54 billion compared to a year ago, reaching $115 billion. Compared with December 2022, an increase of 150% was achieved. In addition, the proportion of Bitcoin occupied by users' funds on the Binance platform in December 2022 was 18%, and as of now it has exceeded one-third. Similarly, the proportion of BNB rose from 14% to 20%, while ETH basically remained around 14%. The reason may be due to the sluggish price growth compared to Bitcoin and BNB.