Ethereum Deposits Surge as Bitcoin Balances Decline on OKX

While Bitcoin balances continue their downward trend on the exchange, Ethereum deposits are seeing significant growth. This dynamic highlights a shift in investor behavior, with traders increasingly moving away from Bitcoin and towards alternative cryptocurrencies. Data from OKX’s latest proof-of-reserves audit reveals this divergence, showing that ETH balances have climbed past 1.7 million coins despite Bitcoin’s declining holdings.