#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
🤔Less than 50 days until the Bitcoin halving, will the cryptocurrency market experience a major crash in March? Will the moment of the crash on 3/12 reoccur?
⏰With less than 50 days until the Bitcoin halving, there are concerns about a potential market crash. Last night, BTC briefly surpassed $69,000, dropped to $59,000 around 3 AM, and is currently trading at $63,279.📉