Binance USDT reserves drop 7.95% as report narrows to 10 assets
AI summary
Binance's USDT reserves fell 7.95% to 29.48 billion tokens, according to its October 31 reserve snapshot, which now covers only 10 assets following a hack. The narrower disclosure and shrinking stablecoin holdings may raise questions about the exchange's liquidity transparency. Traders will watch whether the reduced reserve scope and lower USDT balance signal further outflows or just a reporting change.
