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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
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 crypto market suffered a double whammy, with Ethereum falling by 9% and DeFi Development Corp announcing a $50 billion purchase of SOL
According to Gate News bot, a report by QCP Capital shows that due to the airstrike by Israel on Iranian nuclear facilities, the prices of Bitcoin and Ethereum fell by approximately 3% and 9%, respectively, while the demand for put options in the market rose in the short term. Meanwhile, Cloudflare and Google Cloud experienced a massive outage, leading to a decline in the US tech zone, and over $1 billion in long positions were liquidated in the crypto assets market. During the market fluctuation, DeFi Development Corp announced plans to establish a $5 billion quota for purchasing SOL. Source: wublock123
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