Binance reduced its net Ethereum reserves by over 30,000 in September, while continuing to increase its Bitcoin holdings.


Binance has released its September reserve report. Compared to the August reserve report, Binance once again reduced its Ethereum reserves in September, with the net holdings decreasing from 30,475 coins in August to 113 coins at the beginning of September. Based on the current price of $4300, this reduction is worth approximately $130.5 million in Ethereum. Previously, Binance's June reserve report showed a significant reduction in Ethereum reserves for that month.