PANews|Nov 02, 2026 10:29
[He Yi Responds to Binance Reserve Decline: Total USD Value Fluctuates with Cryptocurrency Price] Binance co-founder He Yi stated in a reply to a user on the X platform that DefiLlama's statistics are based on publicly disclosed Proof-of-Reserve (PoR) data, including cold and hot wallet addresses. The total value is calculated in USD based on the cryptocurrency price on the relevant date, therefore the total amount is affected by price fluctuations. If there are any questions about the statistical methodology, please contact the relevant platform. Previously, an X user posted that Binance's total reserves had decreased from 151 billion USDT on September 29th to 127 billion USDT, and questioned this claim.
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