#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
Odaily Planet Daily News According to on-chain analyst Yu Jin's monitoring, after becoming the number one on the FRIEND leaderboard, Huang Licheng (machi big brother) has also become the number one on the BLAST leaderboard.
Huang Licheng has been buying BLAST since it went live on BLAST last night. So far, he has spent 1,491 ETH to buy 172 million BLAST (4.65 million US dollars), with an average purchase price of 0.027 US dollars. He is currently the largest individual holder of BLAST.
Huang Licheng is also suffering heavy losses on FRIEND: he currently holds 9.4 million FRIEND, with a cost of about $1.5. And now the price of FRIEND is only $0.57, with a whopping loss of $8.74 million.