OKX Publishes 43rd Proof of Reserves With Bitcoin and Ethereum Holdings Falling

OKX has released its 43rd Proof of Reserves snapshot, providing a breakdown of user asset holdings as of May 7. The report shows a decline in the platform’s major cryptocurrency balances, with user Bitcoin holdings falling 5% to 111,188 BTC and Ethereum holdings dropping 3.12% to 1.56 million ETH.

In contrast, USDT holdings recorded a modest increase during the same period. User balances of the stablecoin rose by 28.1 million USDT, bringing the total to 10.24 billion USDT.

Source: OKX