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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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: Dogwifhat (WIF) faces further risk of losses.
Gate News bot news, FXStreet analyst Vishal Dixit stated that Dogwifhat (WIF) is an internet meme coin based on Solana, which fell more than 7% during the market pullback on Tuesday, reaching a 30-day low trading price. This internet meme coin also broke below the support level of $0.798, which has been tested multiple times over the past few weeks.
As the selling pressure increases, the WIF breakout trend may test the 0.550 dollar support level that was last tested on May 6.
The MACD indicator is falling and has entered the negative territory along the signal line, indicating that a new bearish trend is forming.
If the WIF price recovers the lost 0.164 USD support level, it may rebound to the psychological level of 1000 USD.