#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
Trading ANT at a certain Address lost 2623 SOL in 40 minutes
BlockBeats News, on October 24th, according to Lookonchain monitoring, a trader spent 3,396 SOL (approximately $587,000) to purchase 14.7 million ANT in a single transaction. Less than 40 minutes later, the trader capitulated and sold all of them at a price of only 773 SOL (approximately $134,000). Lost 2,623 SOL (approximately $454,000) in less than 40 minutes.