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Data from the Web3-based USDT futures platform Onxbit (https://onxbit.com) shows a trend of traders reallocating assets from volatile cryptocurrencies into stablecoins via Onx Wallet. This report reflects trading activity and market behavior as of early April 2026.
Shift to Stable Assets
According to Onxbit’s data, user holdings of Bitcoin and Ethereum decreased, while USDT balances in Onx Wallet increased:
- Bitcoin holdings: ~8,000 BTC, down 4.6% from the previous month
- Ethereum holdings: ~46,650 ETH, down 7.8% from the previous month
- USDT balances: ~179 million USDT, up 24.9%
These figures indicate a trend toward reallocating assets to stablecoins during periods of market volatility, suggesting cautious trading behavior among users.
Reserve Levels
Onxbit reports the following reserve ratios, demonstrating the platform’s capacity to cover user holdings:
- BTC reserve ratio: 101.2%
- ETH reserve ratio: 102.4%
- USDT reserve ratio: 107%
Total platform reserves stood at $876 million, providing a buffer above user holdings.
Market Trends: Institutional and Retail Activity
Market activity shows differences between institutional and retail traders:
- Retail inflows to Onx Wallet declined by over 80% compared to early 2023
- Some large BTC wallets were reactivated, indicating selective institutional trading
- High-leverage positions remain susceptible to forced liquidation during price declines
These trends provide insight into how different investor types respond to market fluctuations and volatility.
About Onxbit
Onxbit is a Web3 wallet-based USDT futures platform that tracks trading activity and asset allocation. The platform provides a wallet-based structure for users to manage holdings while participating in futures trading.
Contact Info:
Name: Sofia Keller
Email: Send Email
Organization: ONXBT LTD
Phone: +447418355921
Website: https://onxbit.com/
Release ID: 89189662
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