Latest news: a leading exchange has just released its 37th Proof of Reserves, with the snapshot taken on December 1.



First, let's look at BTC: user holdings reached around 617,000 coins, up 4% compared to last month (11-1), with a net increase of 23,768 coins. This growth is quite steady.

The situation is a bit different for ETH—user assets are about 4.04 million coins, down slightly by 1.32% from the previous period, with an outflow of 54,257 coins.

The USDT data is even more noteworthy: the total is around 34.3 billion coins, a decrease of 1.24%, or about 430 million coins. Stablecoin flows often reflect market sentiment, so this reduction could indicate that funds are being reallocated.

Looking at the changes in these three major assets, BTC is attracting capital, while ETH and USDT are seeing outflows. The flow of market funds is quietly shifting.
BTC2.21%
ETH2.93%
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CodeSmellHuntervip
· 21h ago
BTC is sucking up liquidity again, this rhythm feels familiar... Why is ETH still losing followers, and USDT has decreased by 430 million—that must be tough.
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LuckyBearDrawervip
· 21h ago
BTC is still attracting capital, this wave is quite interesting. USDT decreased by 430 million, are they really reallocating or just cashing out? ETH dropped by 1.32%, so what? Feels like it doesn't have much presence. Funds are quietly shifting, but why can't I still make sense of it? BTC up 4%, that's almost too stable. Wait, USDT dropped by so much, is that a good thing or a bad thing?
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StableNomadvip
· 21h ago
btc accumulating while eth and usdt bleeding out... statistically speaking, this is either smart money repositioning or everyone's just panic-shuffling. reminds me of UST in may, except, y'know, actually solvent. not financial advice but the correlation coefficient here is sus.
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BearMarketGardenervip
· 22h ago
BTC is frantically absorbing funds, stablecoins are flowing out—does this signal a takeoff? --- USDT is on the run again, when will it finally calm down? --- Damn, 430 million USDT just disappeared—how many people will be scared to death by this? --- BTC continues with net inflows, feels like something is about to happen. --- Ethereum is bleeding again, when will it finally hit bottom? --- Are funds being reallocated? To put it bluntly, someone is bottom fishing. --- This round of stablecoin outflows is real, market sentiment is starting to change. --- BTC is up 4%, everything else is dropping—the divergence is too obvious. --- USDT keeps dropping, bears should be getting nervous. --- What do these numbers mean? Big players are quietly shifting to BTC.
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BlockchainWorkervip
· 22h ago
Damn, is BTC attracting capital again? Looks like the big players are still optimistic about this trend. USDT has slashed 430 million, are they cashing out or waiting for something? ETH outflows are a bit scary, is the alpha somewhere else? This round of fund shifting feels like they're playing a big game. BTC’s steady growth is really insane, I choose to keep buying the dip.
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