Binance's 40th Proof of Reserves Shows March 2026 Drop in BTC, ETH and USDT Balances

On 8 March 2026, Binance released its 40th Proof of Reserves based on a 1 March snapshot, indicating lower user balances in BTC, ETH and USDT while maintaining full 1:1 backing. Ethereum holdings fell 7.35% to about 3.87 million ETH, Bitcoin reserves slipped 1.25% to roughly 631,000 BTC, and USDT balances declined 0.98% to 36.4 billion amid broader macro headwinds and institutional outflows.