OKX has released its 38th Reserve Proof Report based on a December 11 snapshot.
According to the published data, the exchange’s user assets have increased significantly compared to the previous report. This shows that user trust and asset volumes on the platform are maintained despite fluctuating market conditions.
According to the report, the amount of Bitcoin (BTC) held by OKX users has reached approximately 130,000 BTC. This number represents an increase of 0.05% compared to the previous snapshot on November 19, or a net increase of 68 BTC. It is worth noting that the limited growth in Bitcoin holdings indicates that investors remain cautious, and that assets continue to be held on exchanges.
Ethereum (ETH) showed even stronger growth. The total ETH holdings of users has increased to approximately 1,645,200 ETH. This represents an increase of 2.14% compared to the previous report, with a net inflow of 34,431 ETH. This increase in Ethereum suggests that expectations focused on staking and the ecosystem are reflected in user behavior.
USDT holdings also showed a significant increase. The total USDT balance of OKX users reached approximately 11.185 billion USDT. This figure represents an increase of 4.23% sequentially and represents an additional inflow of approximately 450 million USDT. This growth in the stablecoin sector reveals that investors prefer liquidity and flexibility in volatile market conditions.
OKX continues to emphasize transparency through periodic Proof-of-Reserve reports, publicly disclosing that user assets are held with 1:1 backing. This approach is believed to play an important role in building trust in the cryptocurrency market.
*This is not investment advice.
