Binance Proof of Reserves Shows 1.1 Trillion SHIB Outflow in May-June

SHIB-0.29%
BTC0.19%
ETH-0.10%
According to Binance's Proof of Reserves report, the exchange's Shiba Inu (SHIB) reserves decreased by 1.1 trillion tokens from May 1 to June 1. Meanwhile, Bitcoin and Ethereum reserve balances on Binance increased over the same period, reflecting a divergence in how different cryptocurrencies are being managed by users on the platform.
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