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Mmastodon BusinessCrypto first seen 18 h ago, last 17 h ago, peak #2

Liquid Network Adds 300 BTC to Federation Reserve

Original: Liquid's federation wallet received 300 BTC on 2 November, narrowing the reserve shortfall behind L-BTC to about 250 BTC

Liquid's federation wallet received 300 BTC on 2 November, narrowing the reserve shortfall behind the L-BTC pegged asset to roughly 250 BTC. Estimated backing rose to 94.14%, up from about 87% on 28 October. The Bitcoin sidechain's recovery plan still requires the reserves to reach full one-for-one backing before direct operations can resume.

Why now: The Liquid Network is actively restoring full reserve backing after a shortfall, and observers are tracking each deposit's progress.

Liquid NetworkL-BTCBitcoin

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