Market News / Story
Are Binance Users Selling Ethereum for Bitcoin?
Beincrypto ·
Beincrypto reports: In September 2026, Binance users added nearly $537 million in Bitcoin, according to its proof of reserves data. Meanwhile, their Ethereum holdings fell by roughly $499 million. Are traders selling ETH to buy into BTC? The data compares what the exchange holds in its wallets with what customers have deposited. Crypto exchanges began publishing these checks after the FTX collapse in 2022. How Binance Customer Balances Changed in September Bitcoin was the only major asset…