MEXC: bitcoin reserve rose to 297% in September
- —BTC reserve: 12,202.13 BTC versus 4,106.57 BTC held by users — 297%
- —USDT: $1.82 billion reserve against $1.53 billion liabilities — 119%
- —ETH: 58,917.60 ETH versus 53,243.98 ETH held by clients — 111%
- —BTC reserve trend: 281% in July, 288% in August, 297% in September
Why it matters: Rising reserves reduce risks for the exchange's clients, but official data and the Hacken report have not yet been confirmed.
Source: TokenPost