Approaching 2024 highs, Binance BTC reserves reach 690,000

Odaily reports: According to monitoring by CryptoQuant analyst Amr Taha, ahead of this week's Federal Reserve decision, Binance's multi-asset reserves showed divergence. Bitcoin reserves rose to approximately 690,000 BTC on August 13, about 3% higher than the February peak and about 2% lower than the level of approximately 704,000 BTC in August 2024. When Binance's Bitcoin reserves stood at approximately 704,000 BTC in August 2024, BTC's price was close to $59,000; it subsequently broke through $120,000 in October 2025. Currently, BTC's price is close to $76,800, about 30% higher than the comparable price in August 2024.