2025-12-25 04:28:30

A leading exchange has published the latest asset reserve proof report (snapshot date: December 17). Data shows that user BTC holdings are approximately 63,000 coins, a decrease of 5.49% month-over-month, reducing by 3,674 coins; ETH holdings are about 537,000 coins, down 6.67% compared to the previous report on November 19, with outflows of 38,361 coins; meanwhile, USDT reserves are relatively eye-catching at approximately 6.05 billion coins, a month-over-month increase of 8.13%, adding about 450 million coins.

From the data, among mainstream tokens, BTC and ETH show a continuous outflow trend, with declines of over 5% and 6% respectively. At the same time, the stablecoin USDT is growing against the trend. This pattern of opposing movements reflects market participants' rebalancing activities among major tokens—either exiting due to risk aversion or actively allocating stablecoins at the bottom in preparation for the next move. Such reserve proof data are often regarded as an important window into understanding the asset structure of exchange users and market confidence.

BTC0.92%

ETH0.25%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

DefiOldTrickster

· 4h ago

Stablecoins are growing rapidly, while mainstream coins are flowing out. Isn't this what everyone has been waiting for—the bottom? I've seen this show too many times with my old bones. --- USDT +4.5 billion? Ha, only after the last batch of small-town youth is wiped out will they have the spare cash to pile into stablecoins. I bet in three months these folks will chase the rally again. --- BTC and ETH both dropping more than 5%? Well, this is either a clearance sale or a bottom-fishing attempt. Let's see who has the stronger psychological resilience. --- Talking about bottom positioning, I think it's just trapped investors trying to strategize re-investment, haha. --- Flowing out over 3,600 BTC isn't a big deal; the key is who is taking over the positions—that's the real secret to making money. --- An 8% increase in stablecoins sounds modest, but annualized... forget it, it's all just self-deceptive returns. --- These numbers sound good, but in reality, it's retail investors cutting losses while big players are laying out their plans—same old story. --- USDT's rapid increase suggests either a crackdown on prices or a real takeoff. Pick one, and you're probably right. --- Over 60,000 BTC flowing out looks like testing the market bottom. Smart money is definitely laughing in the shadows.

View OriginalReply0

MemeTokenGenius

· 4h ago

Bitcoin and Ethereum have been flowing out, while stablecoins are accumulating... Basically, it's just waiting for an opportunity. This market move is quite interesting.

View OriginalReply0

DataOnlooker

· 4h ago

Stablecoins are skyrocketing, mainstream coins are flowing out wildly, this is either a bottom signal or a big sell-off. Starting to hoard USDT again, feels like this routine happens every time. BTC and ETH are fleeing together, was it a false alarm or is a major event coming? Wait, why can stablecoins increase so much... where is this money coming from? I just want to know if these people are really bearish or just doing T. So is this preparing for the next round? I don't believe it. Mainstream coins keep flowing out, but USDT is sucking in blood, interesting. Looking at these data, I have only one word: panic.

View OriginalReply0

MoonWaterDroplets

· 4h ago

Mainstream coins are flowing out wildly, stablecoins are pouring in—this rhythm... is it time to bottom out or run away? BTC and ETH are crashing together, I just want to know who’s buying the dip this time. Stablecoins increased by 8%? Again with the "waiting for the wind" rhythm. So much mainstream coin outflow, either they got cut or they’re holding a big move. USDT is flooding in crazily, it seems like someone is really bottom fishing. This data is interesting—what are the big players flipping around? Hmm... BTC and ETH are falling together again, stablecoins are increasing, can it still turn around? Wait, USDT is growing so much, is that crazy? Mainstream coins are flowing out so fiercely... feels like the market is complaining about something. So should we be greedy now or be more greedy? This round of portfolio adjustment really can’t be played anymore.

View OriginalReply0

JustAnotherWallet