#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
F2Pool founder Chun Wang accelerates dumping LDO, selling 2.5 million coins within 14 days
PANews reported on February 12th that according to Spot On Chain monitoring, Chun Wang, the founder of F2Pool and Stakefish, has sold 2.5 million LDO in the past 14 days, exchanging them for a total of 4.5 million USDT. Since the end of the 10.5-month blank period on November 21, 2024, he has sold a total of 6.1 million LDO tokens, cashing out 10.42 million US dollars at an average selling price of 1.708 US dollars. Currently, he only has 2.5 million LDO tokens left (approximately 3.88 million US dollars), far below the initial 20 million LDO tokens received as a member of Lido DAO.