Binance Users Shed $223 Million in Tether and Bitcoin Holdings to Buy More Ethereum

Binance’s latest Proof of Reserves (PoR) report reveals a subtle but significant shift in trader strategy, suggesting a capital rotation out of Bitcoin and into Ethereum. The June 1, 2025, report shows user Bitcoin holdings fell by 1.82% to 593,000 BTC, while Ethereum balances climbed 1.05% to 5.34 million ETH. While the changes are modest, […] The post Binance Users Shed $223 Million in Tether and Bitcoin Holdings to Buy More Ethereum appeared first on Coin Edition.