Binance has released the latest proof of reserve funds BTC exceeds 2.96% by 17476 coins; USDT exceeds 2.27% by 670 million US dollars The excess is almost more than the total amount of small exchanges But I have always had a doubt, does the excess amount represent the entire holdings of the exchange? It shouldn't be assets that haven't been transferred from a certain wallet, right Can you infer from which coin has a higher excess that the exchange is bullish on a certain coin