#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
Institutions: It is expected that NAND Flash prices will drop by over 10% in the first quarter of next year.
On December 31, Jinshi Data News, according to the latest survey by TrendForce Seto Consulting, NAND Flash suppliers in the first quarter of 2025 will face challenges such as continuous rise in inventory, declining order demand, and an average contract price decline of 10% to 15%. Among them, the decline in wafer prices will converge. In terms of module products, due to stable Enterprise SSD orders, it is expected to buffer the downward trend of contract prices; Client SSD and UFS will continue to explore due to weak demand for consumer terminal products and conservative buyer purchasing intentions. Price.