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%Binance has reported a significant rise in both %Bitcoin (CRYPTO: $BTC ) and XRP reserves, according to its latest proof-of-reserves update as of August 1, 2025. The exchange currently has a reserve of 608,639 BTC, valued at about $70 billion. The collateralization ratio remains at 102.96% with customer deposits on Bitcoin at 591,163 BTC.

https://twitter.com/WuBlockchain/status/1953314776685375673

This is significantly higher than the July data, as Binance had 588,385 BTC against user deposits of 573,996 BTC. The increase in BTC deposits is both an indication of increased user activity as well as a potential indication of growing sell pressure on the market. In the past, such movements have been proven to indicate possible corrections, which Bitcoin has witnessed since its all-time high in July.

XRP has also registered noticeable changes. Binance reserves hold 2.754 billion XRP, which is equivalent to $8.1 billion, against user-deposited 2.675 billion XRP. Holding ratio is at 102.96%. By July, the user deposits amounted to 2.616 billion XRP, which means that nearly 59 million tokens were accumulated since the previous month. But the price has declined in the same period from $3.66 to $2.94, which means the total dollar amount decreased even though the quantity remained the same.

USDC and BNB Show Strong Backing

Among %Stablecoins, USDC is the most overcollateralized. Binance reserves hold 8.15 billion USDC against 5.22 billion USDC customer deposits, a high 156% ratio. In July, the overcollateralization slightly rose to 152.65%. This margin reflects the conservative balance sheet stance of Binance on USD-backed stablecoins, particularly in times of high redemption risks.

Binance's native coin, BNB, is also highly supported. The exchange has a holding ratio of 111.74%, holding 44.46 million BNB against 39.79 million user deposits. The close integration of BNB into the Binance product ecosystem likely encourages higher reserve margins.

Even though Ethereum (CRYPTO: $ETH ) remains one of the leading holdings, its reserve level is displayed more evenly. Compared to user deposits of 4,555,013 ETH, the exchange has 4,585,489 ETH in its reserves. The 100.67% ratio is close to the July ratio of 100% indicating stability around ETH custody.

USDT, which is the second most deposited asset on Binance, experienced an increase in its ratio of reserves. Binance has since added 30.55 billion USDT reserve against the customer deposit of 29.855 billion, with 102.27% of collateralization. The ratio in the previous month was 101.11%, which indicated moderate progress in reserves.

Global Exchange Dominance Remains Despite U.S. Market Gaps

Binance retains its leading place in the international trading space in the crypto sector. According to data released in February 2024 by research firm Kaiko, Binance processed 53.14% of the overall volume of the top 33 exchanges.

Conversely, Binance is not very established in the United States. Binance.US commands only 0.63% of the US market, and Coinbase remains on top with a 59.3% market share. Licensing challenges and regulatory barriers have taken Binance out of play in the U.S. market.