Crypto exchange OKX has released its 32nd Proof of Reserves report, reflecting changes in user reserves as of June 14, 2025.
Decline in BTC Reserves
According to the report, user BTC holdings on OKX have decreased to approximately 120,000 BTC, marking a 3.48% reduction since May 10, equating to a drop of about 4,360 BTC. This may indicate profit-taking or reallocation of assets amid current market conditions.
Rise in ETH Reserves
While Bitcoin reserves fell, Ethereum reserves grew significantly. Users now hold around 1.981 million ETH, representing a 5.89% increase, roughly 110,000 ETH more than the last report. This surge may suggest growing optimism around Ethereum’s ecosystem or upcoming events attracting user interest.
Impact on Users
USDT reserves saw a slight dip, down 1.44% to 8.62 billion USDT. This reduction of 126 million USDT suggests some movement out of stablecoins, possibly into other assets or withdrawals. OKX continues to demonstrate transparency through consistent Proof of Reserves reporting, helping users track asset security and the overall health of the exchange.
Overall, changes in BTC and ETH reserves at OKX reflect shifting sentiment and strategies among crypto investors. Current reserve data continues to support user trust in the platform.