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Bybit and OKX Report Higher User Bitcoin Holdings

Published by
Nidhi Kolhapur

The latest Proof of Reserves reports from Bybit and OKX show user Bitcoin holdings increased by more than 10% on both exchanges. Bybit reported 49,309 BTC (+10.22%) as of June 24, while OKX reported 123,056 BTC (+10.67%) as of June 19. Bybit’s Ethereum holdings fell 10.13% and USDT balances declined 4.12%, while OKX recorded a 6.15% increase in Ethereum holdings and a 9.52% drop in USDT balances. Future reserve reports will indicate whether these asset allocation trends continue.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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