{"id":70151,"date":"2022-11-16T13:17:53","date_gmt":"2022-11-16T11:17:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70151"},"modified":"2025-09-08T00:23:57","modified_gmt":"2025-09-07T21:23:57","slug":"bybit-discloses-user-asset-holdings","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bybit-discloses-user-asset-holdings\/","title":{"rendered":"Bybit Discloses User-Asset Holdings"},"content":{"rendered":"<p>The cryptocurrency exchange Bybit disclosed the total of core assets held in user wallets, amounting to around $1.9 billion. The service is operated in partnership with analytics company Nansen.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1) Disclosing Bybit main users asset wallets (excluding other assets and non consolidated wallets are too many to list ~+20%). Around $1.9B. Bybit is also working on POR solutions such as Merkel Tree on UID level. <a href=\\\"https:\/\/t.co\/fAszQVKNJF\\\">https:\/\/t.co\/fAszQVKNJF<\/a><\/p>\n<p>\u2014 Ben Zhou (@benbybit) <a href=\\\"https:\/\/twitter.com\/benbybit\/status\/1592797790518018048?ref_src=twsrc%5Etfw\\\">November 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;We are studying new custody solutions to allow users to view their own balance on-chain or in third-party custody. Bybit guarantees 1:1 reserves for all users, and we have ensured that during this unusual period all withdrawals were processed in a timely manner,&#8221; commented Bybit CEO Ben Zhou.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\" data-lang=\\\"en\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">2) We are also exploring new custody solutions to allow users view their own balance on chain or 3rd party custody. Bybit guarantees 1:1 reserves for all users and we made sure during this special period all users withdraws are processed in timely manner.<\/p>\n<p>\u2014 Ben Zhou (@benbybit) <a href=\\\"https:\/\/twitter.com\/benbybit\/status\/1592797792908742656?ref_src=twsrc%5Etfw\\\">November 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n\\n<\/p>\n<p>According to the data, users prefer to hold assets on the platform in stablecoins USDT and UDTC \u2014 38.8% and 16.8% of total value, respectively. Bitcoin accounts for 19.3%.<\/p>\n<p>\\n\\n<\/p>\n<figure class=\\\"wp-block-image\\\"><img decoding=\\\"async\\\" src=\\\"https:\/\/lh6.googleusercontent.com\/fIq5egJP1if5y80y3CvK04SUCEFGDWXyk5SWqmVcUHtvB-Ss6mc_IyBN-rg-Pe99B1Le_3YDcuz_QsPzgti2g3Uc8cI7CMQAR1VNXAIlETkht8OMH4e638jf9IEOt4sfRM_RIUGDs5-zPCuIJflXN9R5yzZpFRpfVmvNBX9bS6mzIE6d9tOGlaJ31Tzr\\\" alt=\\\"Bybit \u0440\u0430\u0441\u043a\u0440\u044b\u043b\u0430 \u043e\u0431\u044a\u0435\u043c\u044b \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u044c\u0441\u043a\u0438\u0445 \u0430\u043a\u0442\u0438\u0432\u043e\u0432\\\"\/><figcaption>\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\\\"https:\/\/portfolio.nansen.ai\/dashboard\/bybit\\\">Nansen<\/a>.<\/figcaption><\/figure>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;We believe in transparency, as evidenced by one of the key initiatives\u2014the Bybit contribution to the BitDAO treasury (about $800 million),&#8221; Zhao said.<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>Against the backdrop of <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">FTX collapse<\/a>, exchanges began publishing information about reserves. The initiator of the openness policy was <a href=\"https:\/\/u1f987.com\/en\/news\/binance-discloses-details-of-its-cryptocurrency-reserves\">Binance<\/a>, followed by <a href=\"https:\/\/u1f987.com\/en\/news\/huobi-discloses-reserves-exchange-holds-assets-worth-3-5-billion\">Huobi<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/bitfinex-discloses-reserves\">Bitfinex<\/a> and other platforms.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier, Binance CEO Changpeng Zhao and former MicroStrategy CEO Michael Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-and-michael-saylor-call-for-self-custody-of-crypto-assets\">urged self-custody of crypto assets<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bybit disclosed the total of core assets held in user wallets, amounting to around $1.9 billion. The service is operated in partnership with analytics company Nansen.<\/p>\n","protected":false},"author":1,"featured_media":70152,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1151,1166],"class_list":["post-70151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bybit","tag-centralized-exchanges-cex"],"aioseo_notices":[],"amp_enabled":true,"views":"50","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=70151"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70151\/revisions"}],"predecessor-version":[{"id":70153,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/70151\/revisions\/70153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/70152"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=70151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=70151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=70151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}