According to U.Today, citing Binance's Proof of Reserves snapshot on November 12 at 00:00 UTC, SHIB user net balances stand at approximately 50.67 trillion tokens, backed by reserves of about 50.69 trillion tokens, resulting in a reserve ratio of 100.04%. The report also cited wallet data identified by Arkham, though the total wallet holdings differ in statistical scope from the customer Proof of Reserves. The above is the media outlet's relay of Binance's disclosure and does not represent an independent audit conclusion.