#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 certain early buyer of SHIB purchased 3.114 million FET, worth $3.5 million.
According to Spotonchain, a SHIB early buyer is converting their loss-making SHIB position into pump's FET Token. In the past 10 hours, the Whale has exchanged 255.62 billion SHIB (worth $3.5 million) for 3.114 million FET. It is worth noting that this Whale made a profit of $145 million (52 times) in the first SHIB transaction from February 2021 to June 2022. However, the recent SHIB Token transactions of this Address have not been good, with an unrealized loss of $11.51 million (-45.9%) since June 2024. The operation performed well when the FET price pumped 14%. Currently, the Whale still holds approximately 713 billion SHIB (worth around $10 million).