OKX’s 49th Reserve Report Shows Rising BTC and ETH Holdings…
By Karthik Subramanian
AI summary of the source article
OKX published its 49th proof-of-reserves report, revealing customer Bitcoin holdings rose 9.66% to 156,609 BTC and Ethereum rose 2.95% to 1.92 million ETH. Concurrently, customer USDT balances declined by 9% to 7.96 billion tokens.
Why it matters
For market participants, the report provides a measurable snapshot of customer asset composition and the exchange's stated backing ratios.
Key facts
- OKX reported reserve ratios of 108% for Bitcoin, 101% for Ethereum, and 106% for USDT.
- Combined wallet assets across Bitcoin, Ethereum, USDT, and USDC totaled approximately $27.88 billion.
- Customer Bitcoin holdings reached 156,609 BTC, while USDT balances dropped by around 787 million tokens to 7.96 billion.
Source excerpt · FinanceFeeds
Cryptocurrency exchange OKX has released its 49th proof-of-reserves report, revealing increased customer holdings of Bitcoin and Ethereum alongside a significant decline in Tether balances. The report, published on November 2, 2026, uses a November 1 snapshot and compares customer balances with the previous assessment conducted on October 3. Bitcoin holdings increased 9.66% to 156,609 BTC, represe…