OKX has released its latest Proof of Reserves report, showcasing a significant uptick in user asset holdings across major cryptocurrencies. The report, published on December 11, highlights the growing trust users have in the platform amidst ongoing market volatility. The source notes that this increase reflects a broader trend of confidence in cryptocurrency exchanges.
Bitcoin Holdings Update
According to the report, user Bitcoin (BTC) holdings increased by 68 BTC since the last snapshot on November 19, bringing the total to approximately 130,000 BTC. This represents a modest growth of 0.05%, indicating stable user engagement with the leading cryptocurrency.
Ethereum Holdings Surge
In contrast, Ethereum (ETH) holdings experienced a more substantial rise, with users accumulating over 34,000 ETH, resulting in a total of 16.452 million ETH. This surge reflects a 2.14% increase, suggesting a growing interest in Ethereum as a valuable asset.
Tether Holdings Growth
The most remarkable growth was observed in Tether (USDT), where user holdings jumped by 423 million, reaching a total of 11.185 billion USDT. This significant increase underscores the heightened confidence users have in utilizing the OKX platform for asset storage, particularly during periods of market uncertainty.
In a recent development, AEON has integrated its payment protocol with OKX's X Layer, enhancing cryptocurrency transaction efficiency. This partnership complements the growing user confidence highlighted in OKX's latest Proof of Reserves report. For more details, see further information.
