OKX's Bitcoin Reserves Surge $1B Amid Binance's $6.3B Hack
OKX's bitcoin holdings increased by 9.66% in the month Binance suffered a major security breach.
OKX's bitcoin holdings increased by 9.66% in the month Binance suffered a major security breach. Bitcoin (BTC) is trading at ₹73,02,661 ($76,928.00), up 0.5% since this brief published. This is an original Token Times brief synthesising 4 outlets (Bitcoin.com, Crypto.news, AMBCrypto, and others), with their figures cross-checked, plus live market data, as of Tue, 03 Nov 2026 10:45:02 UTC.
The significant increase in OKX's bitcoin reserves during a period of heightened security concerns highlights potential shifts in user trust and asset allocation across major exchanges. This development underscores the importance of transparency measures like proof-of-reserves in maintaining user confidence.
- Binance, the world's largest cryptocurrency exchange, hacked for $6.3 billion, triggering a crypto market decline and suspension of withdrawals ↗
- $1 Billion in Bitcoin Added to OKX in the Month Binance Got Hacked ↗
- Binance Publishes Zero-Knowledge Reserve Proof for BTC, ETH and 8 Other Tokens After Hack ↗
- FBI blames North Korea for the $6.3B Binance hack – Kim Yo Jong slams back ↗
- OKX's bitcoin holdings rose 9.66% to 156,609 BTC in October.
- The increase coincided with Binance's $6.3 billion hack.
- Proof-of-reserves reports aim to provide transparency and build user trust.
Bitcoin.com and Crypto.news both report that OKX's bitcoin holdings increased by 9.66% to 156,609 BTC in the month ending with Binance's $6.3 billion hack. While both outlets highlight the timing of the increase in relation to the Binance incident, Crypto.news focuses more on the broader market implications and alternative investment options like cloud mining, whereas Bitcoin.com emphasizes the role of proof-of-reserves in maintaining transparency.
- Binance Hack Investigation and Kalshi's $40B Valuation Lead Weekly Crypto News
- Binance Withdrawals Surge to FTX Levels Amid Market Resilience
- Elliptic Tracks $2.2M in Binance Hack Proceeds Through Bitcoin Mixing
- Binance Completes Proof of Reserves Amid 95% Recovery from Major Hack
- TRON Emerged as Early Channel for Binance Hack Proceeds, Elliptic Reports
- OKX's Bitcoin Reserves Surge $1B Amid Binance's $6.3B Hack — this brief
- Liquid Network Restores Bitcoin Reserves After September Hack
OKX, a major cryptocurrency exchange, has published its 49th consecutive proof-of-reserves report, revealing a 9.66% increase in customer bitcoin holdings to 156,609 BTC. This surge in bitcoin reserves occurred in the same month that Binance, its largest competitor, experienced a significant security breach resulting in the loss of $6.3 billion.
The timing of OKX's bitcoin reserve increase is noteworthy given the heightened security concerns in the crypto market following Binance's hack. The exchange's commitment to regular proof-of-reserves reports is designed to provide transparency and reassure users about the safety of their assets.
While 
Bitcoin.com focuses on the specifics of OKX's reserve increase and the role of proof-of-reserves, Crypto.news highlights the broader market response to the Binance incident, including the promotion of alternative investment options like cloud mining contracts. This suggests a potential shift in user behavior as investors seek safer or more diversified options.
The Bitcoin network's hashrate currently stands at 1034 EH/s with a difficulty of 148.4T, indicating robust network security despite recent market volatility. This backdrop of network strength contrasts with the concerns raised by the Binance hack and the subsequent market response.
In the current market context, the total crypto market cap is $2.64 trillion, with Bitcoin trading at $76,556, down 2.13% in the last 24 hours and 3.98% over the past week. The overall market sentiment, as measured by the Fear & Greed Index, remains in 'Fear' territory at 26, reflecting ongoing uncertainty.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹72,67,348.08$76,556.00 to ₹73,02,661.49$76,928.00 — +0.49%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $57,500 in November?
Crowd-implied probability on Polymarket, ₹20.71M 24h volume, resolves Dec 1 — snapshotted when this brief published (Nov 3 09:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.08M (about $76,928.00), down 1.2% over 24 hours. The rupee itself trades about 10.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
OKX's Bitcoin Reserves Surge $1B Amid Binance's $6.3 — questions & answers
How much did OKX's bitcoin holdings increase?
OKX's bitcoin holdings rose by 9.66% to 156,609 BTC.
When did Binance's hack occur?
Binance's $6.3 billion hack took place in the same month as OKX's reserve increase.
What is the significance of proof-of-reserves reports?
Proof-of-reserves reports provide transparency and help maintain user trust in crypto exchanges.
How much is 1 Bitcoin worth in rupee today?
About ₹8.08M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $76,928.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.49% since this brief first published — trading at ₹73,02,661 ($76,928.00) now versus ₹72,67,348 ($76,556.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, Crypto.news, AMBCrypto, Unchained, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.