
Ai 姨|May 08, 2025 11:44
Binance is selling all the profits from the past three months into U, preparing for the winter? 😲
It seems that interesting things can be interpreted from the reserve reports every once in a while. I remember when they were released in February, everyone found that the excess reserve of Binance (i.e. Binance's own funds) was almost exhausted except for USDC. The expert @ bitfish1 pointed out that it was used to distribute dividends to shareholders and belonged to the profit provision at the beginning of the year
Today Binance updated 5
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