NEUTRAL 55 Bitcoin.com News 55M ago · 1 min read

$1 Billion in Bitcoin Added to OKX in the Month Binance Got Hacked

AI summary

OKX's 49th proof-of-reserves report shows customer bitcoin holdings rose 9.66% to 156,609 BTC over a month that ended with Binance losing $6.3 billion to hackers. The roughly $1 billion inflow suggests some users moved coins toward an exchange they view as safer. Traders watching exchange risk will read the shift as a competitive gain for OKX rather than a broad market signal.

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