Bitget discloses reserves for 45th straight month with 122% ratio
- —Overall reserve ratio is 122% of user assets
- —ETH balances rose 10% from July, while USDT and USDC fell 13% and 4%
- —Average insurance fund size in August was $382 million, peaking at $441 million
- —PoR does not replace an independent audit and does not reflect all exchange liabilities
Why it matters: The report confirms Bitget's regular disclosures, but PoR still does not provide a full picture of the exchange's financial condition.
Source: TokenPost