{"id":26977,"date":"2025-08-17T13:21:52","date_gmt":"2025-08-17T04:21:52","guid":{"rendered":"https:\/\/asiajournaux.com\/?p=26977"},"modified":"2025-08-17T13:42:43","modified_gmt":"2025-08-17T04:42:43","slug":"bitgets-july-proof-of-reserves-report-shows-45-increase-in-user-holdings-for-bitcoin-btc","status":"publish","type":"post","link":"https:\/\/asiajournaux.com\/?p=26977","title":{"rendered":"Bitget&#8217;s July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC)"},"content":{"rendered":"\n<p><a href=\"https:\/\/bitget.com\/\">Bitget<\/a>, the world\u2019s leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks the strongest growth across all major assets tracked on the platform.<\/p>\n<p>According to the PoR public figures published, BTC held by users grew from 6,594 BTC in June to 9,531 BTC in July. USDT holdings also experienced a notable increase of 21%, climbing from approximately 1.61 billion to nearly 1.95 billion. ETH balances rose by 31% month-on-month, from 148,754 ETH to 195,466 ETH, while USDC holdings grew by 14%.<\/p>\n<p>The substantial surge in user asset holdings follows ongoing efforts across the industry to promote transparent reserve practices. Bitget continues to publish real-time reserve data via Merkle Tree infrastructure and open-source verification tools. As of July 23, the platform maintains a reserve ratio of over 200% across major assets, double the industry benchmark of 100%.<\/p>\n<p>&#8220;This increase in on-platform user assets, especially Bitcoin, shows a bit of the broader trend in user behavior, where traders and institutions increasingly may favor exchanges that allow independent asset verification,&#8221; said Gracy Chen, CEO at Bitget. &#8220;Our priority will always be to keep maintaining Bitget as one of the largest most secure platforms for crypto trading,&#8221; she added.<\/p>\n<p>The POR growth in July also corresponds with improved market sentiment and heightened institutional interest in digital assets, particularly following the recent price stabilization of Bitcoin above the $110,000 threshold.<\/p>\n<p>Bitget\u2019s PoR methodology includes monthly snapshots and daily updates of asset balances, matched against liabilities through publicly auditable cryptographic proofs. The platform\u2019s reserve transparency continues to be a key differentiator as global regulators intensify demands for accountability from centralized exchanges.<\/p>\n<p>For July, all reserve figures exceed the 100% mark across BTC, ETH, USDT, and USDC, and the exchange remains one of the few top-tier platforms to continuously publish real-time snapshots for user review. This consistent transparency is increasingly valued by both retail and institutional users seeking safeguards against mismanagement or opaque balance sheet practices.<\/p>\n<p>To know more about Proof of Reserves, please visit<a href=\"https:\/\/www.bitget.com\/proof-of-reserves\"> here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitget, the world\u2019s leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks the strongest growth across all major assets tracked on the platform. According to the PoR public figures published, BTC held by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26979,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-philippines"],"_links":{"self":[{"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/posts\/26977","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26977"}],"version-history":[{"count":1,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/posts\/26977\/revisions"}],"predecessor-version":[{"id":26978,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/posts\/26977\/revisions\/26978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=\/wp\/v2\/media\/26979"}],"wp:attachment":[{"href":"https:\/\/asiajournaux.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26977"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26977"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiajournaux.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26977"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}