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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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#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
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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
Buffett sells $338 million worth of Bank of America stocks, reducing the pace of reduction.
On October 3rd, according to Jinshi data, Warren Buffett's reduction of Bank of America (BAC.N) shares continued to slow down, and the selling price hit the lowest level since he started reducing holdings in mid-July. According to Wednesday's declaration, Berkshire Hathaway, owned by Buffett, sold $338 million worth of Bank of America stocks, with an average reduction price of $39.4 per share on Tuesday and Wednesday. This is the 13th round of reduction for the company, with an average reduction scale of about $750 million in the past few months (usually lasting for three days). The 94-year-old Buffett did not explain why he reduced his holdings of Bank of America shares. Berkshire Hathaway is still the largest shareholder of Bank of America, holding 10.2% of the shares, worth more than $31 billion.