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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 price fluctuation of Litecoin: Will it rise to $90 or fall to $80?
CoinDesk reported: The price of Litecoin has risen slightly by over 2% in the past week, indicating a potential move towards the $90 mark. However, in the past 24 hours, this momentum has slowed down, with the current trading price at $83.81 and a market cap of over $6.2 billion. Analysis from CryptoWzrd suggests that Litecoin may reach $94 or drop to $80, depending on market trends. AMBCrypto's analysis of Glassnode data indicates that Litecoin's NVT Ratio and reserve risk suggest undervaluation, implying a potential price increase, while Whale activity and MVRV Ratio remain bullish. However, the sentiment surrounding Litecoin is bearish, as market indicators such as RSI and CMF suggest a possible price increase, but the Bollinger Bands indicate low volatility, reducing the likelihood of a significant price increase. To reach $90, Litecoin must surpass the $85 mark to avoid liquidation and potential price adjustments. Conversely, if it fails to maintain the support level at $80, it may fall to $78.