Bitget's ETH Holdings Surge 24% Amid Shifting Market Conditions

Bitget has released its latest Proof of Reserves (PoR), showing continued transparency across platform balances as users adjusted their allocations amid shifting market conditions.

The update covers BTC, ETH, USDT, and USDC holdings, with reserve ratios and wallet balances published alongside cryptographic attestations. Users can independently verify their holdings through Bitget's Merkle tree-based system.

Compared to May 2026, ETH holdings increased by 24%, while BTC, USDT, and USDC holdings adjusted by 4%, 2%, and 13% respectively. Total reserves remain consistently above the 1:1 benchmark, maintaining an average reserve ratio of 123%.

Bitget's CEO Gracy Chen said 'User behavior continues to evolve alongside the market... Transparency becomes even more important as participation expands across crypto, tokenized assets, and traditional markets.'