#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
Analysts: Due to the continuous rise in Money Supply, BTC may be pushed up to $132,000 before the end of the year.
Odaily News On April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse the $1.2 trillion goods trade deficit. This move caused the S&P 500 index to experience a big dump of 9.7% over two days, with a market capitalization evaporating by $5.4 trillion, creating the largest historical drop, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index's tech stocks were severely impacted, with the single-day drop reaching a record since 2022. Bitcoin's drop during the same period was only 3.7%, maintaining the key support level of $82,000. Analysts are confident about Bitcoin's potential for growth for the remainder of 2025. Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that the continuously increasing money supply could push Bitcoin's price above $132,000 by the end of 2025. (Cointelegraph)