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Binance, the world`s largest cryptocurrency exchange, has addressed the claim that it sold a large amount of its extra assets, excluding customer assets, in its statement. It was alleged that a total of almost $8 billion worth of crypto assets were sold since Binance’s last Proof of Reserves (PoS) report. The allegations included that the exchange’s extra Bitcoin holdings dropped from 46,896 BTC to 2,747 BTC between January 2025 and February 2025, its Ethereum holdings dropped from 216,313 ETH to 175 ETH, and the majority of its assets were converted to USDC. Related News: Binance`s Latest Reserves Report Contains Unprecedented Changes - Did the Exchange Take a Position Based on Market Conditions? According to the latest information, an official X account affiliated with Binance has published a statement on the subject. According to Binance officials, the situation was explained as follows: “Binance is not selling assets. This is simply an adjustment to the accounting process of the Binance treasury. User funds are SAFU as always.” When historical data is examined, we see that similar asset sales occurred in June 2023 and February 2024, when Binance had to pay a large fine. Afterwards, Binance reduced the ratio of its extra assets to customer assets to normal levels. *This is not investment advice. Continue Reading: Official Statement from the Exchange on Allegations that Binance Sold a Huge Amount of Cryptocurrency in the Last Month
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From $1,000 to a Fortune? Bitcoin & XRP Investors Are Betting Everything on These Coins!
Bitcoin (BTC) and Ripple (XRP) have long dominated the crypto landscape, but THE MAGACOINOFFICIAL is quickly emerging as the ultimate choice for investors seeking exponential returns. With $1.5 million raised during its presale, this token is proving to be the standout investment of 2025, Bitcoin (BTC) and Ripple (XRP). >>>>>> PRESALE SELLING OUT – CLICK HERE TO SECURE YOUR SPOT! What Makes THE MAGACOINOFFICIAL the Top Bet? 1. Record-Breaking Presale Performance: THE OFFICIALMAGACOIN achieved unprecedented success, raising $1.5 million almost instantly. This overwhelming demand signals strong investor confidence and positions it as a token capable of delivering extraordinary returns. 2. Exclusive Availability Boosts Demand:Unlike SOL and MATIC, which are widely traded, THE OFFICIALMAGACOIN is sold exclusively at MAGACOINOFFICIAL.COM . This exclusivity enhances its value and creates urgency among investors to secure their tokens early. 3. Positioned for Life-Changing Returns: With its growing momentum, THE OFFICIALMAGACOIN is predicted to turn a $500 investment into $500K, making it a top contender for investors looking to maximize their portfolios. How It Compares to Competitors Solana (SOL): A leader in scalability, but SOL can’t match the exclusivity and explosive potential of THE OFFICIALMAGACOIN. Polygon (MATIC): Strong in Ethereum scaling, yet it lacks the overwhelming demand driving this token forward. Near Protocol (NEAR): Innovative but falls short of the presale success and momentum of THE OFFICIALMAGACOIN. Polkadot (DOT): A pioneer in blockchain connectivity, but it doesn’t deliver the early-stage returns investors seek. > OVER $1.9 MILLION SOLD INSTANTLY – PRESALE SELLING OUT FAST! CLICK HERE NOW! Secure Your Spot Now With its exclusive availability, record-breaking presale, and unmatched growth potential, THE OFFICIALMAGACOIN is the breakout crypto of 2025. Don’t miss this chance to be part of the next big success story. Get your tokens now, exclusively at MAGACOINOFFICIAL.COM Website: MAGACOINOFFICIAL.COM X/Twitter: https://x.com/officialMAGAx Continue Reading: From $1,000 to a Fortune? Bitcoin & XRP Investors Are Betting Everything on These Coins! BitcoinSistemi
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