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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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✅ 5,000 GT Prize Pool
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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
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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
EMC Labs: Medium-term adjustment may have ended, BTC rebounds at $58400.
On June 25th, EMC Labs, a cryptocurrency research firm, posted on social media that BTC fell sharply to $58,400 yesterday, approaching the low point of early May but not breaking through it. It retested the lower edge of the new high adjustment box and probed the rising trend line since October last year. In addition, the trading volume has significantly increased, reflecting a large amount of funds in the $58,000 to $60,000 range to absorb selling pressure. According to the eMerge engine, short-term traders as a whole have entered a floating loss state, and sold 28,000 BTC at a loss yesterday, resulting in a loss of hundreds of millions of dollars. Currently, the market fear and greed index has dropped to 30, entering the 'fear' zone. Based on comprehensive technical indicators, support levels, and market conditions, EMC Labs believes that the mid-term adjustment of BTC is likely to have ended, and the market will rebound at $58,400. Under extreme panic yesterday, 9% of the top 500 coins have started to rebound, and the future trend of these projects should be closely followed.