Binance Sees Six-Month High in Bitcoin Reserves Amid Price Volatility

Binance's Bitcoin reserves have reached a six-month high of approximately 667,500 BTC, according to data from CryptoQuant.

This is the highest level since February and marks a significant increase from April, when the exchange held around 616,000 BTC. Since then, the balance has grown by nearly 51,500 BTC, spread across several months rather than one dramatic jump.

The rise in reserves comes at a time when every shift in exchange balances is closely watched for clues about Bitcoin's price direction.