Is Binance selling off its profits from the past three months into U to prepare for winter? 😲 It seems that every reserve report released periodically reveals something interesting. I remember when the February report was released, everyone noticed that Binance's excess reserves (i.e., Binance's own funds) were almost depleted except for USDC. The prominent figure @bitfish1 pointed out that it was used for shareholder dividends, which is part of the early-year profit provision. Today, Binance updated its May reserve report to show the changes in its own funds over the past three months: 🟢 $BTC: Increased by 9,729 units ($963,171,000) 🟢 $ETH: Increased by 8,033 units ($15,262,700) 🟢 $USDT: Increased by 324,667,715 units 🟢 $BNB: Increased by 15,913 units ($9,706,930) 🔴 $SOL: Decreased by 2,453 units ($367,950) 🔴 $XRP: Decreased by 14,501,682 units ($31,613,666) 🟢 $USDC: Increased by 1,696,637,283 units Apart from BTC and stablecoins, the reserves of other assets have hardly increased and have even decreased. Don't be fooled by the nearly $10 million growth in ETH & BNB; Binance's spot trading fees are charged in the traded currency, so the actual amount is much more. It seems they've sold off almost everything, which aligns with the current market trend—BTC stands out alone, but it's uncertain if we'll see a flourishing market again.