[Analyst: Binance BTC Reserves Near 2024 High Ahead of Federal Reserve Meeting] CryptoQuant analyst Amr Taha pointed out that ahead of this week's Federal Reserve decision, Binance's multi-asset reserves show significant divergence. Bitcoin reserves rose to approximately 690,000 BTC on August 13, about 3% higher than the February peak and only about 2% lower than the level of approximately 704,000 BTC in August 2024. The analysis indicates that an increase in exchange reserves is not necessarily bearish: when reserves reached approximately 704,000 BTC in August 2024, the BTC price was close to $59,000, but subsequently broke through $120,000 in October 2025. Currently, BTC is near $76,800, about 30% higher than the comparable price in August 2024.