A leading exchange has recently announced the proof of reserves data for November 1. According to the disclosed information, the total amount of BTC held by users reached 593,851.634, while the platform's wallet actually reserves 606,356.423 BTC, resulting in a reserve ratio of 102.11%.
In terms of USDT, the user asset scale is 34.73 billion coins, the platform wallet balance is 37.32 billion coins, and the reserve rate has reached 107.45%. The data for ETH shows that the user assets are 4,095,663.369 coins, the platform wallet holds 4,095,705.557 coins, and the reserve rate is basically stable.
These numbers indicate that the platform maintains an excess reserve on mainstream assets, which is a positive signal for the safety of user funds. Reserve proofs have become an important indicator of industry transparency, and regularly disclosing such data helps to build user confidence.