#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
Movement advisor Sam publicly accused the project of unfair Airdrop, with 75,000 Wallets bundled for dumping over 60 million $MOVE.
PANews May 22 news, according to Movement project advisor Sam Thapaliya, the core team of Movement allegedly manipulated 75,000 designated wallets to集中领取并捆绑出售 60 million $MOVE during the Airdrop period, causing market selling pressure. Sam referred to himself as an early incubator and advisor of the project, but has not received any rewards to date, and Movement has not fulfilled the Token rewards protocol. He criticized the team for failing to curb Sybil attacks in the Airdrop design, instead creating extreme unequal distribution by raising the threshold for ordinary users to claim.