#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
Greeks.live: Some traders have turned to buying Bitcoin put options for protection.
Odaily News Greeks.live released a community brief stating: Some traders have shifted to buying Bitcoin put options for protection, with short positions dominating. The main market divergence seems to focus on whether Bitcoin can reach the target price of $120,000. Some believe this is "impossible," while others hope to reach this target before a significant pullback occurs. Additionally, traders are closely following $90,000 and viewing it as a potential retest of price lows.