Cryptocurrency exchange OKX has released its fourth proof of reserve report. The exchange’s “clean” assets rose $1.1 billion to $8.6 billion.
Via OKX official website 20 February in the proof of reserve report published on Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) referred to the collateral ratios of its assets. Exchange, fourth proof of reserve excessive during collateralization While it continues to maintain its status, compared to the previous period, the small reductions stood out.
Total assets in OKX proof of reserve report 8.6 billion dollars and all third party according to reports of pure beings stated to have occurred. Popularized after FTX bankruptcy clean being term, a stock market to local tokens on the balance sheet not to place and your assets Bitcoin, Ethereum or USDT like high market value owner liquid used in the case of assets.
held by customers in the report BTC amount in January 130,664 was determined as. In contrast, OKX 135.735 It has been reported that BTC holds. The exchange’s collateral on BTC accounts from 105% to 104% declined.
Client assets on the ETH side to 1.28 million OKX’s allowance account while rising 1.34 million It’s ETH. The collateral rate in Ethereum from 105% to 104% appeared to regress.
Customer assets in USDT accounts to 3 billion USDT despite the rebound in November 3.17 billion USDT back to level could not exit. of OKX 3 billion Despite the presence of USDT customers 3.11 billion It was seen that USDT was holding. In addition, the coverage rate has been from 101% to 102% rose.