USDT Balances Reflect Market Adjustments Amid Bitcoin-to-Ethereum Shift

Binance's latest Proof-of-Reserves snapshot reveals a notable shift in investor behavior, with Bitcoin holdings declining by 1.82% to 593,000 BTC, while Ethereum reserves increased by 1.05% to 5.337 million ETH. This subtle rotation into Ethereum suggests growing confidence in ETH despite ongoing market volatility. Meanwhile, Tether (USDT) balances saw a marginal 0.77% decline to $28.83 billion, indicating typical market adjustments rather than a significant trend. As of June 2025, these changes highlight evolving investor preferences in the cryptocurrency landscape, with Ethereum gaining traction as a preferred asset over Bitcoin in certain portfolios.

Binance Proof-of-Reserves Highlights Investor Shift from Bitcoin to Ethereum

Binance's latest Proof-of-Reserves snapshot reveals subtle but telling changes in investor behavior. Bitcoin holdings on the exchange dropped 1.82% to 593,000 BTC, while ethereum reserves climbed 1.05% to 5.337 million ETH. The figures suggest a cautious rotation into ETH despite recent market volatility.

Tether balances saw a marginal 0.77% decline to $28.83 billion, reflecting typical market adjustments rather than any loss of confidence. Binance maintains its position as the second-largest crypto custodian globally with $110 billion in reserves, trailing only Coinbase's $129 billion.

The report's release coincided with BNB slipping below $650, trading at $649.89 despite a minor 24-hour gain. Market participants appear to be processing the reserve data carefully, though Binance's robust backing remains unquestioned.

Tether Mints $1 Billion USDT on Tron in Anticipation of Rising Demand

Tether has minted $1 billion USDT on the TRON blockchain, signaling potential liquidity influx into the crypto markets. This issuance represents over 1% of Tron's total USDT supply, which currently stands at $76 billion. Ethereum follows with $63.2 billion in USDT holdings.

Market participants interpret such moves as bullish indicators. Historical patterns show USDT minting often precedes crypto market rallies. The stablecoin issuer last executed a major mint on May 21, when Bitcoin subsequently reached its all-time high of $111,000.

Tether maintains its position as the dominant stablecoin provider with $156 billion in total circulating supply. The company continues operating as a private entity, recently dismissing speculation about pursuing an initial public offering.

BTC, Ether, XRP, Solana, USDT, RLUSD — Social Media Buzz Highlights Crypto Market Sentiment Shift

Cryptocurrency markets closed the week on an optimistic note as social media sentiment turned decisively bullish. Six digital assets—Bitcoin (BTC), Ethereum (ETH), XRP, solana (SOL), Tether (USDT), and RLUSD—are dominating conversations, according to Santiment's on-chain data.

Bitcoin's resurgence follows a wave of institutional interest, including Truth Social's spot ETF filing and corporate treasury acquisitions. The filing explicitly states: "The assets of the Trust consist primarily of Bitcoin held by a custodian on behalf of the Trust." Despite recent price volatility, the $100,000 price prediction narrative persists.

Ethereum maintains its momentum through growing institutional validation. Grayscale, BlackRock, and Fidelity's continued support underscores confidence in ETH's staking security model and long-term viability. Meanwhile, Ripple's XRP gains traction through Webus's $300 million treasury plan and ongoing cross-border payment adoption.

Solana's technical advantages and developer activity fuel its position as a leading altcoin. The network's high throughput and low transaction costs remain focal points in market discussions.