Bybit has released its 29th Asset Reserves Proof as of February 26, revealing users’ BTC holdings at approximately 59,000 BTC, marking a 2.41% decline from the previous report on January 27. In contrast, users’ ETH holdings increased by 11.4% to about 520,000 ETH. Additionally, users’ USDT holdings decreased by approximately 100 million USDT to around 6.12 billion USDT. This release is part of Bybit’s ongoing commitment to transparency, as the exchange conducts regular proof of reserves audits verified by cybersecurity firms to ensure sufficient asset backing and is part of a broader trend among crypto exchanges in 2026 to enhance user confidence.
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