According to @AltcoinDaily, CryptoQuant on-chain data shows Binance’s total exchange reserves are holding near an all-time high of around $120 billion (Source: CryptoQuant). CryptoQuant reports Binance’s USDT (ERC20) reserves have reached a record $42.8 billion, reflecting substantial stablecoin balances on the venue (Source: CryptoQuant). The dataset further indicates Binance remains the second-largest holder of BTC reserves among exchanges, underscoring depth in Bitcoin markets (Source: CryptoQuant). Traders track these reserve metrics to assess on-exchange liquidity and counterparty risk in spot and derivatives markets (Source: CryptoQuant).