$1 Billion in Bitcoin Added to OKX in the Month Binance Got Hacked

OKX’s latest reserve report shows customer bitcoin holdings jumped 9.66% to 156,609 BTC in a month that ended with Binance losing $6.3 billion to hackers. Crypto exchange OKX has published its 49th consecutive proof-of-reserves report , a cryptographic audit that lets users check whether an exchange holds their assets at least 1:1. The Nov. 1 snapshot shows customer bitcoin balances climbed 9.66% from the Oct. 3 snapshot to 156,609 BTC, an increase of 13,800 BTC. At bitcoin’s current price of roughly $76,800 , those 13,800 coins are worth over $1 billion, and OKX’s full customer stack is worth about $12.04 billion. Ether holdings rose 2.95% to 1.92 million ETH, up 54,879 ETH.

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