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Huobi HTX updates the Merkel tree asset certificate in November, and the reserve ratio is greater than 100%

On November 13th, according to official sources, Huobi HTX has updated the Merkle Tree asset proof data for November. The specific reserve ratios for this update are: USDT 103% (Huobi HTX assets 562,829,746), BTC 101% (Huobi HTX assets 23,063), ETH 102% (Huobi HTX assets 129,785), HT 102% (Huobi HTX assets 168,026,439), TRX 100% (Huobi HTX assets 9,670,958,871). Among them, the USDT and ETH data already include stUSDT, USDT-T-Bills assets, and BETH, stETH. The reserve ratio equals the balance of Huobi HTX wallet divided by user assets, used to measure whether Huobi HTX has sufficient asset reserves. If the reserve ratio is greater than 100%, it means that the wallet assets of Huobi HTX exceed the total amount of user-held assets. Huobi HTX stated that it will conduct regular asset audits and use this page and function to prove to the public that Huobi HTX has sufficient reserve guarantees to ensure the safety of user assets.

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