OKX gained over a billion dollars in bitcoin after the Binance hack

OKX released its latest reserves audit as of November 1. Bitcoin holdings jumped by 13,800 coins to 156,609 BTC, a 9.66 % increase in a month worth more than a billion dollars at roughly 76,800 dollars per coin.

Total client assets on the platform stand at about 12.04 billion dollars. Binance, meanwhile, saw tracked assets fall by 16.5 billion dollars from 144.9 billion on October 29 to 128.3 billion on November 2. Most of the outflow did not reach rival exchanges and appears to have moved into self-custody wallets.

Both platforms are now publishing zero-knowledge proofs of reserves. Binance will update its figures on November 4, while OKX’s next report is due in early December. Tether froze 1.5 billion dollars tied to the hack within thirty minutes.

Based on information from cryptonews.net