#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
Satoshi Nakamoto is currently among the 2 richest people in the world as Bitcoin reaches a wallet value of $118 billion.
Satoshi Nakamoto, the anonymous genius behind Bitcoin, has 1.096 million BTC, worth 118 billion dollars. Nakamoto's untouched assets have placed them among the richest people in the world. As Bitcoin skyrockets to over 107,000 dollars, the mystery of Nakamoto's wealth and identity continues to captivate the crypto world.
Nakamoto's net worth depends on the value of Bitcoin. With the increasing demand for cryptocurrency, the benefits for organizations, and a U.S. president supporting cryptocurrency in office, will Nakamoto top the list? From cents to billions: The rise of the Nakamoto empire It is believed that Nakamoto mined nearly 1.1 million Bitcoin between 2009 and 2010, when this digital currency was virtually worthless. Looking back 16 years, Arkham's blockchain data shows that this inactive stock, untouched for over a decade, is now estimated to be worth up to 118 billion dollars. With Bitcoin trading at $106,840 ( check directly ), Nakamoto's wealth places them among the global elite, on par with tech moguls and oil barons, but their identification remains unknown. What makes the price of Bitcoin increase? The recent price surge of Bitcoin has amplified Nakamoto's assets. After reaching a peak at a record high of $111,980 on May 22, 2025, this cryptocurrency hit $110,651 on Monday and tested $110,435 on Wednesday before dropping 1.69% in the past 24 hours. The Consumer Price Index report (CPI) of the United States is lighter than expected, showing a price increase of 0.1% in April and an annual inflation rate of 2.4%. This allows the Federal Reserve to cut interest rates, boosting the activity of the crypto market and raising Nakamoto's portfolio to over 120 billion dollars at its peak this week. Will Nakamoto surpass Elon Musk to become the richest person in the world? So far, Elon Musk is in the lead with a net worth of $411.4 billion. The net worth of Nakamoto directly depends on the market value of Bitcoin. With 1.096 million BTC in his fund, the value of Bitcoin must exceed $381,928 to surpass Elon Musk. However, these figures are still out of reach, but we can expect miracles in this extremely volatile crypto world. Nakamoto's legacy in the crypto world As Bitcoin establishes a solid foundation in the financial world, Nakamoto's massive asset of 118 billion dollars represents the transformative power of crypto. With the crypto market buzzing, the question remains: will Nakamoto ever reach billions of dollars, or will this asset just be a digital legend?