Add as a preferred source on GoogleOKX Reports Higher Bitcoin, Ether and Tether Customer Balances
The exchange’s 48th reserve snapshot shows customer balances of Bitcoin (BTC), Ether (ETH) and Tether (USDT) up 2.10%, 4.26% and 2.94%, respectively, from September.
OKX’s 48th reserve report shows higher customer balances of Bitcoin (BTC), Ether (ETH) and Tether (USDT) than in September, with listed wallet holdings covering each of the three assets.
Customer Bitcoin balances reached 142,809 BTC, up 2,944 BTC, or 2.10%, from the previous snapshot. Ether balances rose by 76,159 ETH, or 4.26%, to 1,862,025 ETH. USDT balances increased by 249,495,321 tokens, or 2.94%, to 8,742,310,509.
The snapshot was taken at noon ET (16:00 UTC) Oct. 2, corresponding to Oct. 3 in the report’s UTC+8 time zone. At that point, OKX listed wallet holdings of 156,475 BTC, 1,866,714 ETH and 9,213,216,367 USDT against the customer balances. The listed reserve ratios were 110%, 100% and 105%, respectively.
The reserve figures compare wallet holdings with customer account balances at a specific time. The wallet totals include assets held by third-party custodians. Transactions after the snapshot are not included.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.