In a most recent announcement, leading cryptocurrency replace OKX printed the results of its sixteenth Proof of Reserve (POR) snapshot.
OKX’s Sixteenth Proof of Reserve Unearths Changes in User Sources
The reserve snapshot gives perception into users’ holdings on the platform, shedding gentle on changes since the last snapshot on January 25.
In line with the most fresh Reserve data, well-known fluctuations had been observed in users’ holdings in a range of cryptocurrencies. Listed below are the key findings:
Bitcoin (BTC) Sources: Users’ BTC holdings stand at 135,900, a decrease of 11,707 when in contrast to the outdated snapshot on January 25.
Ethereum (ETH) Sources: Data reveals users’ ETH holdings are 1.42 million, reflecting a decrease of 87,789 from the last snapshot.
USDT Sources: Users’ USDT (Tether) holdings have faith elevated significantly, with a total of 5.716 billion property, marking a well-known amplify of 427 million since the last snapshot.
These findings present precious perception into the dynamic nature of cryptocurrency holdings among OKX users.
Whereas there are decreases in BTC and ETH property, the amplify in USDT property reveals that merchants have faith no longer too lengthy ago tended to sell their cryptocurrencies and swap to cash.
*Here isn’t any longer investment advice.
