#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
BRN Analyst: Signals of a fall in the crypto market are accumulating, and a pullback may occur soon.
Gate News bot news, BRN Chief Research Analyst Valentin Fournier believes that, given the continuous accumulation of bearish signals in the crypto market, including a decline in ETF inflows, weakening market momentum, and a surge in the number of cryptocurrency IPOs, it indicates that a pullback will occur in the near future, thus it is necessary to take defensive measures.
Fournier stated that events such as the token sale on pump.fun and Circle's listing may indicate that crypto asset companies view the current market as an opportunity window to profit from overvaluation, which is a typical signal suggesting that insiders may anticipate a slowdown in future growth or a price fall.
He also pointed out that the inflow of funds into US spot crypto market ETFs has begun to decrease, with the inflow of Bitcoin ETFs slowing from $375 million on Tuesday to $87 million on Wednesday, while the inflow of Ethereum ETFs nearly halved during the same period, dropping to $57 million—breaking its recent strength and confirming a weakening momentum.
Fournier summarized: "Despite strong macro data and easing inflation, the crypto market has failed to react. The surge in IPO activity indicates a valuation bubble and the willingness of insiders to exit at high prices. Coupled with reduced ETF inflows and price falls, we believe this is a sign of market weakness and depleted fuel. We are reducing risk and shifting to a more defensive posture as we expect the market to gradually decline, while long-term investors will re-enter the scene."
Source: The Block