In a nutshell: An exchange has updated its October Merkle tree proof of reserves: reserve ratios for major assets remain above 100%.
It’s not major news, but it does point to a small shift in the industry. Keep an eye on USDT inflows and outflows to see whether off-exchange funds are entering the market because of this.
$BTC is currently trading at 80886.51.
It’s not major news, but it does point to a small shift in the industry. Keep an eye on USDT inflows and outflows to see whether off-exchange funds are entering the market because of this.
$BTC is currently trading at 80886.51.