I have communicated with insiders and found that the assets held by Binance are not included in the reserve statistics of user managed assets. The calculation method for Binance's self held portion is not very accurate, and the current calculation method ignores some dynamic events. However, no matter what, everyone has overlooked the most important aspect of reserves, which is to be able to prove that the user's asset reserves are still higher than 1:1. It can only be said that Binance is too large, and even normal annual financial management within the company will be magnified by everyone.