The post Crazy Ethereum Liquidity Crunch Spotted on OKX appeared on BitcoinEthereumNews.com. OKX exchange has released its latest proof-of-reserve (PoR) report that shows a dip in users’ Ethereum holdings. According to the report, assets like Bitcoin and Tether (USDT) saw a significant jump, while Ethereum declined month-on-month. Ethereum liquidity crunch incoming? OKX released the 37th proof-of-reserve report to maintain its transparency, a new normal among top crypto exchanges. According to the PoR report, OKX users’ Bitcoin holdings reached 130,439 BTC, a 3.15% surge from the 126,451 BTC recorded in September. Likewise, the USDT reserve jumped by 7.16% from 10,015,149,297 tokens in September to 10,731,848,196 USDT this month. This figure leaves a variation of 716,698,899 USDT, per the report. OKX has released its 37th Proof of Reserves (snapshot on Nov. 19). User BTC holdings reached 130k BTC, up 3.15% from Oct. 8 (+3,988 BTC). ETH holdings dipped 0.73% to 1.61m ETH (–11,848 ETH). USDT holdings rose 7.16% to 10.73b USDT (+717m USDT). https://t.co/xrIKKIm7Ut pic.twitter.com/t76x1FO0rt — Wu Blockchain (@WuBlockchain) November 29, 2025 However, Ethereum holders saw an 11,848 ETH shortfall as the 1,622,674 ETH recorded in September dropped to 1,610,826 ETH in the current month. The shortfall in Ethereum could come as a result of different reasons. While OKX users may be moving their assets to cold storage, it could also be that ETH holders are converting to stablecoins. Either way, the quantity of Ethereum on the trading platform is shrinking, a reality which, if spread to other trading platforms, can have a net benefit on ETH in the long term. Good time for ETH liquidity crunch That the amount of Ethereum on OKX is declining is a good omen in view of the coming Fusaka upgrade on Dec. 3. You Might Also Like This update is billed to shift the paradigm in enhancing user experience and scalability on the broader Ethereum network. Going by past precedence,… The post Crazy Ethereum Liquidity Crunch Spotted on OKX appeared on BitcoinEthereumNews.com. OKX exchange has released its latest proof-of-reserve (PoR) report that shows a dip in users’ Ethereum holdings. According to the report, assets like Bitcoin and Tether (USDT) saw a significant jump, while Ethereum declined month-on-month. Ethereum liquidity crunch incoming? OKX released the 37th proof-of-reserve report to maintain its transparency, a new normal among top crypto exchanges. According to the PoR report, OKX users’ Bitcoin holdings reached 130,439 BTC, a 3.15% surge from the 126,451 BTC recorded in September. Likewise, the USDT reserve jumped by 7.16% from 10,015,149,297 tokens in September to 10,731,848,196 USDT this month. This figure leaves a variation of 716,698,899 USDT, per the report. OKX has released its 37th Proof of Reserves (snapshot on Nov. 19). User BTC holdings reached 130k BTC, up 3.15% from Oct. 8 (+3,988 BTC). ETH holdings dipped 0.73% to 1.61m ETH (–11,848 ETH). USDT holdings rose 7.16% to 10.73b USDT (+717m USDT). https://t.co/xrIKKIm7Ut pic.twitter.com/t76x1FO0rt — Wu Blockchain (@WuBlockchain) November 29, 2025 However, Ethereum holders saw an 11,848 ETH shortfall as the 1,622,674 ETH recorded in September dropped to 1,610,826 ETH in the current month. The shortfall in Ethereum could come as a result of different reasons. While OKX users may be moving their assets to cold storage, it could also be that ETH holders are converting to stablecoins. Either way, the quantity of Ethereum on the trading platform is shrinking, a reality which, if spread to other trading platforms, can have a net benefit on ETH in the long term. Good time for ETH liquidity crunch That the amount of Ethereum on OKX is declining is a good omen in view of the coming Fusaka upgrade on Dec. 3. You Might Also Like This update is billed to shift the paradigm in enhancing user experience and scalability on the broader Ethereum network. Going by past precedence,…

Crazy Ethereum Liquidity Crunch Spotted on OKX

2025/11/29 21:25

OKX exchange has released its latest proof-of-reserve (PoR) report that shows a dip in users’ Ethereum holdings. According to the report, assets like Bitcoin and Tether (USDT) saw a significant jump, while Ethereum declined month-on-month.

Ethereum liquidity crunch incoming?

OKX released the 37th proof-of-reserve report to maintain its transparency, a new normal among top crypto exchanges.

According to the PoR report, OKX users’ Bitcoin holdings reached 130,439 BTC, a 3.15% surge from the 126,451 BTC recorded in September.

Likewise, the USDT reserve jumped by 7.16% from 10,015,149,297 tokens in September to 10,731,848,196 USDT this month. This figure leaves a variation of 716,698,899 USDT, per the report.

However, Ethereum holders saw an 11,848 ETH shortfall as the 1,622,674 ETH recorded in September dropped to 1,610,826 ETH in the current month.

The shortfall in Ethereum could come as a result of different reasons. While OKX users may be moving their assets to cold storage, it could also be that ETH holders are converting to stablecoins.

Either way, the quantity of Ethereum on the trading platform is shrinking, a reality which, if spread to other trading platforms, can have a net benefit on ETH in the long term.

Good time for ETH liquidity crunch

That the amount of Ethereum on OKX is declining is a good omen in view of the coming Fusaka upgrade on Dec. 3.

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This update is billed to shift the paradigm in enhancing user experience and scalability on the broader Ethereum network. Going by past precedence, where the ETH price takes off after a significant upgrade, the likelihood of higher demand for Ethereum is higher in the weeks ahead.

If this prediction plays out and the current ETH drain is sustained, the demand can push the price of ETH up in a significant way.

As of writing, ETH was changing hands for $2,997, down by 1.88% in 24 hours, according to CoinMarketCap data. With the $3,000 level forming the most significant support and resistance, sustaining the level can shift the price of ETH in the long term.

Source: https://u.today/crazy-ethereum-liquidity-crunch-spotted-on-okx

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OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions

OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions

The post OCC Confirms Banks Can Facilitate No-Risk Crypto Transactions appeared on BitcoinEthereumNews.com. U.S. national banks have been passed by the Office of the Comptroller of the Currency (OCC) to enable their customers perform instant crypto trades with no risk. This decision has cleared a significant obstacle in the way of banks that desire to be part of the expanding digital assets market. Banks Receive Clarity on Crypto Trading Authority  Interpretive Letter 1188 states that a bank can be an intermediary in crypto transactions without having digital assets in its possession. The OCC clarified that one client may sell a crypto asset to one bank and that bank will sell the asset to the other client at the same time. Since the two trades take place virtually at the same time the bank does not have an exposure to the market. The license provides banks with a regulated structure to provide crypto trading services. This is in line with preceding actions like enabling banks to hold major crypto assets. Another explanation that OCC provides is that the role of the bank is not to trade digital assets. Instead, the only responsibility of the bank is linking the sellers and the buyers. OCC Reinforces Bank’s Crypto Oversight The regulator mentioned that such transactions carry a limited amount of settlement risk. The decision is an update of a previous guidance that permitted crypto custody and some stablecoin transactions. The latest clarification strengthens the same allowances but indicates continued regulation of responsible crypto services in the banking space. With this, the banks are now enabled to provide customers with a secure means of accessing digital assets in compliance with federal regulations. The OCC stressed that institutions need to continue having robust risk controls, such as cybersecurity controls and compliance programs. Hence, all their operations can be safe and in line with current rules. How Institutions Might…
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BitcoinEthereumNews2025/12/10 07:46