The market questions Binance's sale of a large amount of assets, and Shenyu suggests that it may have set aside profits for the beginning of the year

According to BlockBeats news, on February 11th, according to Binance's relevant page, the reserve ratio of multiple assets in Binance's latest PoR has significantly decreased. Among them, the reserve ratio of Bitcoin assets decreased from 108.15% in January to 100.45% in February, and the reserve ratio of Ethereum assets decreased from 104.2% in January to 100% in February. BNB's asset reserve ratio decreased from 115.75% in January to 112.73% in February. Among the mainstream assets, only the USDC reserve ratio significantly increased, from 132.32% in January to 141.28% in February. According to estimates, Binance's own assets decreased by $5.489 billion compared to January. In response to this phenomenon, the community suspects that it is caused by Binance selling the aforementioned mainstream assets. However, according to Shenyu's analysis, the above phenomenon may be due to the provision of profits at the beginning of the year. Similar situations occurred in June 2023 (reaching a $4.3 billion settlement agreement with the US Department of Justice) and February 2024.