TechFlow reported, according to official information, Huobi HTX has updated its Merkle tree proof-of-reserves data for November 2024. The specific reserve ratios updated are: BTC (100%), ETH (102%), TRX (105%), USDT (100%), HTX (104%), XRP (102%), DOGE (101%), SOL (102%).
It is understood that this update marks the 25th time Huobi HTX has publicly disclosed its Merkle tree proof-of-reserves data. In November, user-held digital assets on the Huobi HTX platform saw significant growth compared to October. Specifically, user assets in ETH increased by 6% month-on-month, while USDT user assets rose by 2%. This trend not only reflects users' continued confidence and investment enthusiasm toward mainstream cryptocurrencies but also highlights Huobi HTX's proactive efforts in improving user experience, enhancing asset security, and advancing product innovation.
