Bybit has published its 30th Proof of Reserves, reflecting data as of March 18. The report indicates a notable decrease in user Bitcoin (BTC) holdings, which have fallen by 8.98% to approximately 53,000 BTC, marking a reduction of 5,303 BTC since the last snapshot on February 26.
Conversely, user Ethereum (ETH) holdings have seen a slight increase of 0.29%, reaching about 525,000 ETH, an addition of 1,543 ETH. Additionally, user Tether (USDT) holdings have risen by 1.14%, totaling approximately 6.19 billion USDT, an increase of around 69 million USDT.
Bybit's Latest Proof of Reserves Shows Decline in BTC Holdings
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