Bitget November Reserve Proof: Total Reserve Ratio at 184%, Significant Growth in Major Crypto Holdings

Bitget updated their November reserve proof yesterday, showing a total reserve ratio of 184%. Bitget's BTC and ETH reserve ratios are both well above 100%, meaning the platform itself holds a substantial amount of major crypto assets. By subtracting platform user funds from platform-held funds, Bitget's own major crypto holdings can be seen: 22,200 BTC ($1.95 billion), 152,000 ETH ($448 million), and 130 million USDT/USDC. Additionally, the asset trend chart for platform users since September 2023 reveals Bitget's growth over the past two years: BTC increased from 2,500 to 10,000; ETH grew from 15,000 to 128,000; USDT/USDC rose from $400 million to $1.78 billion.