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The new proof-of-reserves system explains how Binance have it covered for your Bitcoin. Binance revealed that there is a thing called a "proof-of-reserves" system in its company, and it serves as an assurance to the public regarding the assets it holds for all users trading in its platform.
On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto.
On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping.
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