Global cryptocurrency exchange OKX has released its 40th consecutive monthly Proof of Reserves (PoR) report, revealing a 3.04% increase in user Bitcoin holdings since mid-January. The snapshot, taken on Tuesday, February 4, 2026, confirms that the platform maintains a reserve ratio of over 100% for all primary assets, including Ethereum and USDT, ensuring user funds remain fully backed on a 1:1 basis.
Bitcoin accumulation climbs while stablecoin balances dip
According to the official PoR data, user Bitcoin ($BTC) holdings rose by 3,848 BTC over the last reporting period, reaching a total of 130,618 BTC. In contrast, Ethereum ($ETH) and Tether ($USDT) saw marginal declines. User ETH holdings fell by 0.11% to approximately 1.582 million ETH, while USDT holdings dipped by 0.17%, totalling roughly 10.367 billion USDT.
These fluctuations suggest a slight shift in user sentiment toward Bitcoin accumulation at the start of February. OKX stated that the report covers 22 separate digital assets, all of which remain “confirmed” as fully collateralized. This monthly transparency initiative aims to provide crypto enthusiasts with verifiable proof that their assets are not being “allegedly” commingled or lent out.
🚨幣圈寒冬來臨，追蹤好各交易所的儲備，交易所 @okx 公布最新一期儲備金證明，數據顯示，平台多項主流資產儲備率全面維持在 100% 以上，帳面資產持續高於用戶負債。
USDT 錢包資產約 113 億，對應用戶資產約 103 億美元， $BTC 、 $ETH 同樣維持超額儲備。資料涵蓋 OKX… pic.twitter.com/QCbjCekgZz
— 動區動趨 BlockTempo (@BlockTempo) February 23, 2026
The importance of cryptographic verification in Web3
OKX has continued to demonstrate its commitment to transparency through its Proof-of-Reserves reports, a practice that has become a critical component of exchange trust since the collapse of major trading platforms. This methodology, which uses Merkle trees and Proof-of-Reserves, enables users to independently verify the exchange’s specific cryptocurrency holdings, unlike the fractional reserve model of traditional banking.
The exchange’s growth, which has led to a rise in user Bitcoin holdings, is also linked to its expansion efforts, such as OKX Ventures’ support for the upcoming launch of an RWA stablecoin by STBL on X Layer. While OKX remains popular and validates its holdings using essential on-chain data to maintain trust in the blockchain industry, users are cautioned that “trading or investing in cryptocurrencies carries a considerable risk of financial loss.”
Enjoyed this piece? Bookmark DeFi Planet, explore related topics, and follow us on Twitter, LinkedIn, Facebook, Instagram, Threads and CoinMarketCap Community for seamless access to high-quality industry insights.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
