Binance, the world’s largest cryptocurrency trading platform by transaction volume has published the details of the funds in its hot wallet as it seeks to truly lead by example.
Taking to its official Twitter handle to announce the move, the firm shared a snapshot of what it currently holds as of November 10, 12 am UTC.
The total number of its Bitcoin (BTC) holdings came in at 475,000, worth about $8.42 billion based on the current price of Bitcoin pegged at $17,744.28 per data from CoinMarketCap.
The exchange said it has a total of 4.8 million ETH, 17.6 billion USDT, 21.7 billion BUSD, 601 million USDC, and 58 million BNB. If aggregated together, the funds are worth more than $72 billion judging by the prices of all assets at the time of writing.
The figures posted send confidence into the Binance community with many attesting to the strong liquidity and solvency of the trading platform.
With the whole fiasco surrounding the…
