OKX Reserve Data Shows BTC and ETH Outflows as USDT Demand Grows
Share:
OKX PoR (Apr 20): BTC account assets 117,039 BTC, OKX wallet 123,674 BTC → 106% BTC reserve ratio; exchange reserves remain fully backed (crypto, CEX, security). User positioning shift: BTC holdings fell 11.93%, ETH balances dropped 8.19%, while USDT rose 0.73% — increased stablecoin liquidity and defensive posture. Market implication: reduced direct BTC/ETH exposure could exert short-term bearish pressure, but higher on-exchange USDT boosts available trading liquidity (liquidity, DeFi, market risk).
Predictions Markets
See what traders are focused on
- OKX user BTC holdings fell 11.93% as exchange reserves stayed fully backed at 106%.
- Ethereum balances dropped 8.19%, showing weaker user exposure during market pressure.
- USDT holdings rose 0.73%, signaling defensive positioning and available liquidity.
OKX’s latest Proof of Reserves report shows a clear shift in user positioning, with Bitcoin and Ethereum balances falling sharply while USDT holdings moved higher. The April 20 snapshot suggests more users on the exchange reduced direct exposure to major crypto assets and increased stablecoin liquidity during a volatile market period.
According to OKX’s official Proof of Reserves dashboard, BTC account assets stood at 117,039 BTC, while OKX wallet assets totaled 123,674 BTC. That gave the exchange a 106% Bitcoin reserve ratio, meaning OKX-controlled BTC remained above customer BTC liabilities.
Source:X
…Read The Full Article OKX Reserve Data Shows BTC and ETH Outflows as USDT Demand Grows On Coin Edition.
In This News
Coins
$ 63.83K
+0.91%
$ 1.79K
+2.44%
$ 0.99927
+0.01%
$ 0.0018
$ 1.79K
+2.56%Funds
Predictions Markets
See what traders are focused on
Share:
In This News
Coins
$ 63.83K
+0.91%$ 1.79K
+2.44%$ 0.99927
+0.01%$ 0.0018
$ 1.79K
+2.56%Funds
Predictions Markets
See what traders are focused on
Share:
Read More
5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says
