#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
A trader sniped YZY tokens but lost $465,600 in 1 hour
PANews reported on March 15 that according to Lookonchain monitoring, a trader seems to have been paying attention to Kanye West's tweets and automatically buying after he forwarded YZY tokens, but as a result, he lost $465,600 within 1 hour, and the trader also paid 75 SOL (about $10,000) to JitoTip to get priority trading.