#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
$GMX price fell 14% in the short term due to a certain Whale/institution dumping 267,000 GMX
Gate News: According to Yu Jin monitoring, in early June, a Whale or institution purchased 302,000 GMX (USD 13.47 million) at an average price of USD 45 through six addresses, which pushed the GMX price up by 12%. Six hours ago, this Whale/institution transferred a total of 267,000 GMX (USD 8.5 million) to exchanges through four addresses for sale. This caused the GMX price to drop from USD 33 to USD 28, a decrease of 14%. This Whale/institution suffered a loss of USD 4 million on GMX.
gate data shows that the price of $GMX has dropped by 2.57% in the past 24 hours, with the current price at $30.28, market cap at $297.27M, and 24-hour trading volume at $201.66K.