OKX's Latest Proof of Reserves: Bitcoin and USDT Holdings Decline, Ethereum Surges

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OKX's latest Proof of Reserves report reveals a notable decrease in user holdings for both Bitcoin (BTC) and Tether (USDT) as of June 14. While the exchange maintains over 100% reserve ratios for all major assets, the decline in these key cryptocurrencies suggests shifting user behavior, potentially towards self-custody or diversification into other assets like Ethereum.

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