#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
TON Surges 3%, Outperforming Declining CoinDesk 20
Toncoin TON demonstrated short-term strength with a 3% rally, according to CoinDesk Research's technical analysis model. The token's price action shows resilience despite late session volatility, with support holding at the $3.17-$3.18 zone after reaching a peak of $3.25.
In contrast, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding memecoins, stablecoins and exchange coins — is down 1.7% in the last 24 hours.
Technical Analysis
• TON has demonstrated strength over the 24-hour period, surging from $3.16 to a peak of $3.25, representing a range of 0.095 (3%).
• Extraordinary volume exceeding 6.6 million, nearly triple the 24-hour average, established strong volume-supported resistance at $3.25.
• Bullish momentum validated by consolidation above $3.22, with multiple tests of support at the $3.17-$3.18 zone showing resilience despite late session pullback.
• Significant volatility in the past hour with a sharp 1.01% decline from $3.25 to $3.22, forming a clear resistance level before encountering heavy selling pressure.
• Temporary bottom formed at 3.215 (13:56-13:57), followed by modest recovery establishing support at 3.222, suggesting potential consolidation.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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