Before the Federal Reserve meeting, Binance BTC reserves approach their 2024 high

CryptoQuant analyst Amr Taha pointed out that before the Federal Reserve's decision this week, Binance's Bitcoin reserves rose to about 690000 BTC on August 13, about 3% higher than the peak in February and only about 2% lower than the level of about 704000 BTC in August 2024. When the reserve reached about 704000 pieces in August 2024, the BTC price was close to $59000, and then exceeded $120000 in October 2025. Currently, the BTC price is close to $76800, which is about 30% higher than the comparable price in August 2024. (Source: Federal Reserve)