According to OKX’s latest Proof of Reserves (verification of exchange-held assets) snapshot dated April 20, user Bitcoin balances dropped by about 15,850 BTC to roughly 120,000 BTC.
OKX said in its 42nd Proof of Reserves (verification of exchange-held assets) report, based on an April 20 snapshot, that user Bitcoin holdings stood at about 120,000 BTC. That was down 11.93% from March 3, a decline of about 15,850 BTC. The update also said user Ethereum holdings were about 1.6066 million ETH, although the provided source does not include the rest of the Ethereum comparison figure. Proof of Reserves reports are used by crypto exchanges to show that on-platform customer assets are backed by held reserves.