Bitget reports 131% total reserve ratio, all 19 assets above 100%
- —Bitget's total reserve ratio came in at 131% across 19 verified assets
- —Top ratios: NEAR 181%, XAUT 172%, USDGO 169%, SOL 157%
- —BTC and HYPE at 142%, ETH 110%, USDT and XRP 107%, BNB 104%
- —The update is the 47th since December 2022, based on a Sept. 29 snapshot
Why it matters: The disclosure follows Bitget's $388 million hack, as the exchange seeks to reassure users about its solvency and reserves.
Source: TokenPost