OKX Reports 3.48% Drop in BTC Holdings 5.89% Rise in ETH

OKX, a prominent cryptocurrency exchange, has published its 32nd Proof of Reserves (PoR) report, providing a detailed snapshot of user asset holdings as of June 14, 2025. This monthly report offers insights into the confidence trends and asset movements among users.

According to the report, Bitcoin (BTC) holdings on the platform have decreased noticeably. Users now hold approximately 120,000 BTC, which represents a 3.48% decline from the previous report on May 10. This decrease equates to a drop of around 4,360 BTC. This decline could indicate that users are taking profits or reallocating their assets in response to current market conditions.

In contrast, Ethereum (ETH) holdings have seen a significant increase. Users now hold around 1.981 million ETH, marking a 5.89% rise, or roughly 110,000 ETH more than the last report. This surge in ETH reserves may suggest growing optimism around Ethereum’s ecosystem or upcoming developments that are attracting user interest.

Meanwhile, Tether (USDT) holdings have experienced a mild dip, falling 1.44% to 8.62 billion USDT. This reduction of 126 million USDT suggests some movement out of stablecoins, possibly into other assets or withdrawals.

OKX's consistent Proof of Reserves reporting helps users track asset security and overall exchange health. The rise in ETH reserves, despite slight declines in BTC and USDT, signals shifting sentiment and strategies among crypto investors. This data reflects the dynamic nature of the cryptocurrency market, where investor preferences and market conditions can lead to significant shifts in asset holdings.