#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
When Will We Reach the Peak in Bitcoin? Analysts Answered, Listed Three Indicators That Will Announce the Peak!
Although a major rally is expected in Bitcoin in 2025, analysts do not fully agree. While some analysts suggest that BTC may have already reached the cycle peak, others say the peak has not yet arrived.
At this point, 21 Shares analysts noted that Bitcoin has not yet reached the cycle peak according to three chain-based indicators.
21Shares analysts argue in their latest report that based on three on-chain indicators, namely MVRV ratio, unrealized net profit and loss, and long-term investor sell-off risk ratio, Bitcoin has not yet reached the peak of this bull market cycle and there is still room for the market to rise.
Analysts who examined these indicators one by one said the following:
1. MVRV (Market Value/Realized Value): The MVRV value is currently between 2.5 and 3. Despite local peaks, it is far from the 7-cycle peak.
Analysts noted that the current Bitcoin MVRV ratio is still significantly below 7, indicating that a major cycle peak has not yet been reached.
Analysts also added that Bitcoin's MVRV ratio can reach 7 only if the price exceeds $200,000.
2. Unrealized Profit and Loss Indicator: This value is currently between 0.5 and 0.75.
Analysts said that reaching this rate to 0.75 would indicate excitement or greed and show that the market has reached its peak.
3. Long-term investor selling risk rate: This rate is currently only %0.4. It is significantly lower than the %0.8 overheating and peak threshold. So, if this rate reaches %0.8, it is considered that the market has entered an overheated state. At this point, we can see that the recent pullback is mainly due to short-term investors.