Bybit PoR (Nov 19): BTC reserves +4.53% to 67,000; ETH +6.09% to 575,000; USDT -12.39% to $5.6B — Reports 400,000 BTC dumped in Oct; Schiff warns OG selling will deepen selloffs
first published 2025-11-22T11:19:07Z
Bybit’s 28th Proof of Reserves snapshot (Nov. 19) shows Bitcoin holdings rose 4.53% to 67,000 BTC (~+2,900 BTC since Oct. 22), Ethereum balances increased 6.09% to 575,000 ETH (~+33,000 ETH), and Tether (USDT) reserves fell 12.39% to $5.6 billion (~-$791 million).
AI Analysis
The snapshot records concrete changes: BTC +4.53% (~+2,900 BTC), ETH +6.09% (~+33,000 ETH), and USDT -12.39% (~-$791M). These measured shifts drive a slight negative sentiment and a moderate-low short-term trading impact.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
Source Articles
- Bybit’s Latest Proof of Reserves Shows Surge in BTC and ETH, Drop in USDT - Coinpedia
- 20,000 BTC Return to Exchanges in 7 Days, Whales Taking Profits? - U.Today
- Bitcoin OG's selling to 'weak' hands will deepen selloffs: Peter Schiff - Cointelegraph
- Bitcoin OG's selling to 'weak' hands will deepen selloffs: Peter Schiff - Cointelegraph
