🚀 Bybit's Latest Proof of Reserves: BTC Holdings Soar! 🚀

Singapore-based crypto exchange Bybit has just released its 12th Proof of Reserves (PoR) report, and the numbers are looking stellar for Bitcoin enthusiasts! 📈

Bybit's Bitcoin reserve ratio stands at a robust 107%, with the exchange holding 48,298 BTC against a user balance of 44,872 BTC as of July 10th. This marks a 5.62% increase in user Bitcoin assets since the last audit in June, equivalent to an additional 2,386 BTC. 🪙

With such strong reserves, Bybit continues to bolster trust and confidence among its users. Keep an eye on this exchange as it continues to make waves in the crypto world! 🌊