Bybit has released its 28th proof of reserves, with a snapshot date of January 27. The report indicates that user Bitcoin (BTC) holdings are approximately 60,500 BTC, marking a 4.25% decrease from the previous snapshot on December 17, with a reduction of 2,685 BTC. Ethereum (ETH) holdings are around 470,000 ETH, down 12.44%, equating to a decrease of 66,790 ETH. Meanwhile, Tether (USDT) holdings have increased by 2.88%, reaching approximately 6.226 billion USDT, an addition of about 174 million USDT.