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Binance's Bitcoin reserves hit highest since February, rising 51,500 BTC amid Bitcoin trading near $64K.

Market News
12 Aug 2026
Blockonomi
View Source
Neutral
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Binance's Bitcoin reserves have increased to about 667,500 BTC, the highest level since February, up roughly 51,500 BTC from April. This rise indicates more Bitcoin is held on the exchange, potentially increasing available supply, though it doesn't confirm selling. A Binance-linked wallet received over 6,494 BTC between July 19 and August 8, but transaction patterns show no clear signs of imminent sales. Bitcoin traded below $64,000 as traders awaited the US CPI report for market direction.

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