As of May 10, 2025, major cryptocurrency exchange OKX has released its 31st Reserved Proof (POR) report, providing a transparent summary of user assets.
OKX Release 31st Proof of Reserves Report reveals changes to user assets
The latest report reflects a significant change in the user balance of key digital assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
According to the data:
- Users’ BTC holdings fell to 125,000 BTC, down 6% (approximately 7,987 BTC) from previous snapshots taken on April 7th.
- In comparison, Eth Holdings rose from 5.66% or around 100,000 ETH to 1.87 million.
- USDT assets increased 11.46% to 8.75 billion USDT, an increase of approximately 899 million USDT.
Proof of OKX’s preliminary initiative remains a central part of our commitment to transparency and user trust.
The exchange aims to use a Merkle Tree-based system to ensure that users’ balances are fully backed, and to strengthen industry standards following past custody failures in the cryptocurrency industry.
Due to volatile market dynamics and changes in user sentiment, the latest POR highlights changes in asset allocation settings among OKX users.
OKX has been publishing monthly POR reports since November 2022, and is one of the few major exchanges that consistently do so.
*This is not investment advice.
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