#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Analysis: BTC and ETH price ratio has reached a critical support level, which may make ETH be seen as a 'value' investment.
CoinVoice has learned that according to Barrons, analysts believe that the performance of BTC has surpassed Ethereum, and the price ratio between the two has reached a historical key support level. This makes Ethereum considered a 'value' investment. In this frenzy, even a benchmark for BTC has emerged. Some analysts believe that BTC is still cheap compared to other cryptocurrencies, especially DOGE, which has seen a growth of over 300% this year.
But this is not just about the analysis of Cryptocurrency, there have been bizarre phenomena such as the Cryptocurrency of squirrel peanut (PNUT) in the market. A squirrel named 'Peanut' in New York City once became a controversial focus due to its popularity on social media, giving birth to a Cryptocurrency, with its Market Cap once exceeding 10 billion US dollars. This absurd phenomenon has sparked discussions about market bubbles. [Original link]