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<p>OKX has released its <strong><a href="https://www.okx.com/zh-hans/proof-of-reserves/detail" rel="noopener noreferrer nofollow">37th</a></strong> Proof of Reserves report, confirming a notable increase in user Bitcoin and stablecoin balances as of the November 19 snapshot. The exchange continues to publish monthly reserve audits as part of its transparency framework, offering a clear view into asset movements across its platform.</p>
<h2 id="bitcoin-balances-climb-above-130-000-btc">Bitcoin Balances Climb Above 130,000 BTC</h2>
<p>User BTC holdings rose to 130,439 BTC, marking a 3.15% increase from October 8. The monthly gain of +3,988 BTCreflects stronger accumulation on the exchange during a period of rising market confidence and renewed institutional activity.</p>
<h2 id="eth-sees-a-mild-decline">ETH Sees a Mild Decline</h2>
<p>Ethereum reserves recorded a slight drop. User balances slipped 0.73%, falling from 1.62 million ETH to 1,610,826 ETH, a net decrease of 11,848 ETH. The decline suggests a modest shift in user positioning, potentially tied to recent volatility around staking yields and Layer 2 incentives.</p>
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<h2 id="usdt-holdings-expand-by-over-700-million">USDT Holdings Expand by Over $700 Million</h2>
<p>The most significant change came from stablecoin inflows.<br> USDT balances surged 7.16%, growing from $10.01 billion to $10.73 billion, an increase of $717 million USDT. This jump indicates stronger demand for liquidity and dollar-pegged assets on the exchange, aligned with broader stablecoin growth trends across the market.</p>
<p>OKX’s updated reserves underline ongoing user accumulation of Bitcoin and stablecoins heading into year-end, signaling continued confidence despite mixed conditions across the broader crypto landscape.</p>
<p>The post <a href="https://www.ethnews.com/okxs-latest-proof-of-reserves-shows-rising-btc-and-usdt-holdings-in-november/" rel="noopener noreferrer nofollow">OKX’s Latest Proof of Reserves Shows Rising BTC and USDT Holdings in November</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

OKX’s Latest Proof of Reserves Shows Rising BTC and USDT Holdings in November

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