Cryptocurrency
Here’s How Much Ripple (XRP) and Shiba Inu (SHIB) Binance Currently Holds

TL;DR
- Binance’s latest Proof-of-Reserves (PoR) report shows it holds trillions of Shiba Inu (SHIB) tokens and billions of Ripple (XRP) coins.
- The PoR system, introduced in November 2022, confirms the exchange’s coverage of all user assets 1:1 and now includes 31 cryptocurrencies, with recent additions like Dogecoin (DOGE) and The Graph (GRT).
The SHIB and XRP Holdings
The world’s largest cryptocurrency exchange – Binance – is among the many releasing Proof-of-Reserves (PoR) reports to display evidence that it covers all users’ assets 1:1. In other words, it shows that the firm has enough crypto assets to cope with all customers’ withdrawals, with reserves available in case of emergency.
“When a user deposits one Bitcoin, Binance’s reserves increase by at least one Bitcoin to ensure client funds are fully backed. What this means in actual terms is that Binance holds all user assets 1:1 (as well as some reserves), we have zero debt in our capital structure, and we have made sure that we have an emergency fund (SAFU fund) for extreme cases,” the company asserted.
It adopted the practice in November 2022, shortly after the FTX meltdown, which sent shockwaves throughout the entire crypto industry.
The latest PoR report shows that the company owns a whopping 62.8 trillion Shiba Inu (SHIB) tokens, resulting in a 102.57% ratio. This represents a slight decrease compared to the 62.95 trillion coins held at the time of the previous announcement at the start of July.
The company’s Ripple (XRP) holdings are also substantial. It currently has around 2.95 billion tokens, a 2.8% increase compared to July’s figures. Calculated at current rates, the stash equals over $1.5 billion.
What About the BTC and ETH Balances?
Bitcoin’s balances have a ratio of 106.56% and stand at more than 645,000 BTC (approximately $36.8 billion), while Ethereum’s holdings are 4.85 million (around $12.2 billion).
The PoR system discloses Binance’s user funds reserves in 31 different digital assets, a significant increase from the 9 cryptocurrencies initially supported in 2022. Some of those added in the past year are Dogecoin (DOGE), The Graph (GRT), Enjin Coin (ENJ), Chromia (CHR), Hashflow (HFT), and more.
It is worth noting that Binance’s Proof-of-Reserves report does not include corporate holdings, which are kept on a separate ledger.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Cryptocurrency
Bitcoin Price Slides to $103K as Major Altcoins Crash (Weekend Watch)

The broader cryptocurrency market continues struggling amid mounting geopolitical and economic pressures.
Bitcoin’s price has lost almost 3% on the day, while major altcoins such as Ethereum, Solana, Cardano, and others chart even more considerable declines.
Bitcoin Price Tumbles toward $103K
Bitcoin is charting a near 3% loss in the past 24 hours in what seems to be a broader crypto market selloff.
As seen in the chart below, the price tumbled from around $106,000 to an intraday low at $102,400 before bouncing and settling at where it current trades at the time of this writing.
As CryptoPotato reported, however, the common theme amongst the majority of cryptocurrency analysts and experts is that Bitcoin’s price trading at around $100,000 is indicative of institutional dominance and not retail FOMO.
This suggests that it has much more staying power because institutions are a lot less likely to sell during temporary and sudden drawdowns like the current one.
At the same time, however, the war between Israel and Iran continues, driving oil prices up and causing turmoil on stock markets as well.
Altcoins Crash Harder than BTC
The heatmap below paints a clear picture: most of the altcoins are trading in the red and are charting consiedrable losses.
Namely, some of the larger-cap cryptocurrencies such as ETH, SOL, ADA, DOGE, HYPE, BCH, LINK, AVAX, and more, are declining for more than 3% during the past 24 hours.
Interestingly enough, Bitcoin’s dominance – the metric, which tracks its share relative to that of the rest of the market is up by more than 1% during the same period.
This shows that BTC is performing a lot better and altcoins are completely unable to capitalize on its drawdown. In fact, this seems to be the other theme of the current cycle.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
Semler Scientific Unveils Plan to Accumulate 105,000 BTC by 2027

Nasdaq-listed healthcare technology company, Semler Scientific, has outlined a bold multi-year plan to significantly expand its Bitcoin holdings. The company aims to hold 10,000 BTC by the end of 2025 as an initial milestone. Building on this, it plans to increase its holdings to 42,000 BTC by the end of 2026.
By the close of 2027, Semler intends to reach a total of 105,000 BTC.
Semler Reports 287% Bitcoin Yield to Date
According to the official press release, the company said it will fund these purchases using a mix of equity and debt financing, as well as operational cash flows. Semler, which in May 2024 became the second US public company to adopt Bitcoin as its primary treasury reserve asset, has since emerged as a significant corporate Bitcoin holder.
As of June 3, 2025, the firm reported a 287% yield on its Bitcoin investment and a $177 million unrealized gain.
In a move to strengthen its new approach, Semler has appointed Joe Burnett as Director of Bitcoin Strategy. Burnett, formerly Director of Market Research at Unchained, brings more than seven years of experience in Bitcoin advocacy and research.
In a statement, Eric Semler, chairman of Semler Scientific, said,
“We are excited to have Joe join our Bitcoin strategy team and help drive our three-year-plan to own 105,000 Bitcoins. Joe is an analytical thought leader on Bitcoin and Bitcoin treasury companies. His expertise will be instrumental as we pursue our Bitcoin treasury strategy and aim to deliver long-term value to our stockholders.”
Corporate Bitcoin Holdings Grow
An increasing number of public companies are deepening their involvement with the largest cryptocurrency. For instance, Genius Group, an AI-driven education company, recently increased its corporate Bitcoin reserves from 66 BTC to 100 BTC, after acquiring an additional 34 BTC valued at approximately $3.42 million.
The company resumed its Bitcoin purchases on May 22, following a May 6 US Court of Appeals ruling that lifted previous legal restrictions stemming from a dispute related to its merger with FatBrain AI. CEO Roger Hamilton described reaching 100 BTC as a milestone in their broader plan to accumulate 1,000 BTC.
Earlier this month, New York-based Mercurity Fintech Holding announced it would raise $800 million to build a Bitcoin treasury reserve. The company plans to integrate staking and tokenized finance tools, using secure blockchain custody infrastructure to reshape its treasury operations and boost capital efficiency through yield generation.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Cryptocurrency
Binance Moves $3B Daily in USDT via Tron, Dominating Global Transfers

Binance has emerged as the undisputed leader in driving USDT liquidity on the Tron network. In fact, the crypto exchange routinely transacts between $2 billion and $3 billion in Tether daily.
This volume accounts for over 65% of all USDT transfers on Tron, far outpacing the combined activity of all other exchanges.
Binance: Key Driver of Tron-Based USDT Activity
According to the latest data shared by CryptoQuant, on average, Binance moves $1 billion more USDT on Tron each day than its competitors. This highlights its role as a central liquidity provider for global traders, institutions, and market makers.
The Tron network has become the preferred blockchain for large-scale stablecoin transactions due to its low fees and fast settlement times. This efficiency makes it especially attractive for high-frequency traders and institutions moving large volumes of USDT, particularly on Binance. As a result, Tron now serves as a critical backbone for USDT flows.
Meanwhile, Binance’s dominance in this space has broader implications for the market. Its stablecoin activity often is indicative of a shifting sentiment, as large USDT transfers point to potential capital rotation into altcoins, derivatives, or Bitcoin. This concentration of liquidity also presents both risk and opportunity, as per the crypto analytic platform.
Whales Power Tron’s USDT Boom
As for Tron, the network recently set a new record for USDT stablecoin transfers, which reached $691 billion in volume. The peak occurred in May, with a slight dip in June. Data also revealed that just 27 whale wallets were responsible for over $411 billion of May’s total, and were executed through only 491 transactions. This highlighted the outsized influence of large investors in driving on-chain liquidity.
Tron network now dominates the circulating supply and usage of USDT, far surpassing Ethereum and other networks. More than 10.5 billion transactions have taken place on Tron to date following a steady growth trajectory since 2018.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
- Forex3 years ago
Forex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex3 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Forex3 years ago
How is the Australian dollar doing today?
- World3 years ago
Why are modern video games an art form?
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- Commodities3 years ago
Copper continues to fall in price on expectations of lower demand in China
- Economy3 years ago
Crude oil tankers double in price due to EU anti-Russian sanctions