Bitget Maintains 188% Total Reserve Ratio In August Proof Of Reserves Report
Posted On August 26, 2025
Cryptocurrency exchange Bitget on Tuesday reported a total reserve ratio of 188% across major assets in its August 2025 Proof of Reserves update.
The snapshot, taken on Aug. 22, showed the exchange holding significantly more reserves than user deposits across Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Tether (CRYPTO: USDT), and Circle‘s (CRYPTO: USDC).
For Bitcoin, Bitget reported 28,022.72 BTC in reserves against 7,681.36 BTC in customer assets, representing a 365% coverage ratio.
Ethereum reserves stood at 283,323.26 ETH compared to 141,470.62 ETH …
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