#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
eGirl Capital Partner: The crypto market has evolved into a "loser's game" where just surviving is winning
PANews reported on March 10 that Degen Spartan, a partner at eGirl Capital, shared his views on social media, citing the classification of investment expert Charles D. Ellis, who views modern investing as a "loser's game", that is, victory depends on making fewer mistakes. Degen Spartan believes that the crypto market has evolved from a "winner's game" that required high technical skills in the early days to a "loser's game", and now just survive is a victory. In the case of the memecoin craze, while some people profit from technical analysis and social influence, many more lose money due to a lack of advantage. From a "loser's game" perspective, avoiding high-risk activities is a win in itself. Degen Spartan also reviewed his own experience in mining high-yielding but worthless tokens, emphasizing the importance of having a clear understanding of one's strengths and advising investors to focus on survival strategies, such as maintaining sufficient cash reserves and avoiding high-risk trades where there is no advantage. He concluded that the core of the crypto market is "don't die", and by avoiding unnecessary risks, there is a chance to survive and wait for future opportunities in the market.