#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
Whale unlocked 2.11 years of dormant funds, large amount of WBTC exchanged for ETH
According to Gate.io News bot, data from Nansen shows that a Whale Address (0xd441ae066c33b2c3abef2652369643822dc936ad) has become active again after being dormant for 2.11 years. The address sold 14.38 WBTC (worth 1.39 million USD) and purchased 758.25 ETH at a price of 1836 USD each.