Bybit’s 25th PoR Reveals Bitcoin and Ethereum Gains, Tether Decline

Bybit’s latest Proof of Reserves (PoR) report reveals significant growth in Bitcoin (BTC) and Ethereum (ETH) holdings. While USDT balances saw a decrease, the report offers insights into user confidence in Bybit’s platform. 58,900 BTC worth of Bitcoin was recorded as a 5.61% increase from the previous snapshot, while ETH reserves jumped by 6.59% to reach 604,000 ETH. Conversely, USDT holdings dropped slightly by 4.75%.