CroSat
blockchainOct 11, 2026AI summary

Liquid Bitcoin Redemptions Stay Frozen as Reserve Coverage Hits 85.8%

Liquid Bitcoin redemptions remain suspended with a roughly 603 BTC reserve shortfall, according to The Defiant.

Liquid Bitcoin Redemptions Stay Frozen as Reserve Coverage Hits 85.8%

Liquid Bitcoin redemptions remain on hold, with reserve coverage at 85.8%, The Defiant reported.

The gap between reserves and full backing stands at approximately 603 BTC. That shortfall remains an obstacle to resuming redemptions.

Liquid says peg-outs can resume only once full reserve backing is restored and security reviews are complete. The report excerpt provides no timeline for reopening redemptions.

Source: The Defiant

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