Binance reserves steady as ‘FTX 2.0’ claims spread online

Binance reserves steady as ‘FTX 2.0’ claims spread online

Binance shows stable onchain reserves and no immediate stress signals despite market volatility and a wave of criticism circulating on social media.

Onchain analysts say the data show no signs of crisis at Binance, even as a wave of online criticism warns the exchange could become the new “FTX.”

Despite ongoing market volatility and Bitcoin (BTC) briefly dipping below $74,000 on Tuesday, Binance shows “no signs of stress,” according to the blockchain analytics company CryptoQuant.

“Binance holds around 659,000 BTC, virtually unchanged from 657,000 BTC at end-2025,” CryptoQuant said in a statement shared with Cointelegraph on Wednesday, highlighting “no material reserve erosion during the current Bitcoin sell-off.”

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