#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
Lock-up Position Token holders suffered heavy losses over 12 months, with OTC prices falling by 50% compared to Spot.
According to Gate.io News bot, Taran, the founder of the crypto OTC trader STI, disclosed that lock-up position token holders have suffered significant losses in the past 12 months. Data shows that OTC prices have fallen by an average of 50% compared to spot prices.
During the same period, Bitcoin rose by 45%. Additionally, with the value loss of liquidity, Lock-up Position Token holders bear an extra opportunity cost of 31%.
Taran pointed out that over 40 billion USD worth of Lock-up Position altcoins will be unlocked in the future. Sellers need to bear a 50% discount when exiting through OTC. As the lock-up period for most Tokens ends in 2025, the shortening of the vesting period is leading to a decrease in the extent of discounts.
Source: Wu Shuo