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Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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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
The impact of the US's reciprocal tariff policy on India's BCD industry has caused the world's largest BCD processing center to come to a standstill.
Jin10 data reported on April 5th that Surat, India, is the world's largest diamond processing and polishing center, with the United States as its largest export market. Trump announced a 26% so-called "reciprocal tariff" on goods exported from India to the U.S., causing concern among practitioners in Surat's diamond industry. Currently, the diamond business in Surat is at a standstill, with people watching for the potential impacts of the tariff policy. Practitioners indicated that some processors may be forced to cut production or even close down. Industry insiders pointed out that the U.S. government's tariff increase will lead to a rise in diamond export prices, weakening demand. Data provided by the Surat Diamond Association shows that approximately 700,000 people are currently engaged in related work, while the U.S. "reciprocal tariff" policy threatens their livelihoods.