rather than guessing what’s happening with Bitget’s reserves, i went straight to the latest proof of reserves update.
the september 29 snapshot gives a 131% overall reserve ratio across the 19 covered assets.
more importantly, every asset in the report is above 100%.
but numbers alone aren’t really the whole point.
Bitget has also made the reserve information and wallet balances available, alongside a merkle tree system that lets users verify their own included balance.
so if you have funds there, you don’t have to just take someone else’s word for it.
go through the PoR yourself.
look at what’s being reported, verify what you can, and make your own assessment.