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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
In the market environment where the price of Ethereum has pulled back below $2500, on-chain data reveals that two addresses have engaged in large-scale asset accumulation. These two addresses have collectively purchased 4059.36 ETH, equivalent to approximately $10.78 million at current value, with an average purchase cost of $2655.
Specifically, Address 0x113DB5353af383029F07cEfC1dD3F05a9e6439a4 purchased 1084.98 ETH at an average price of $2655, with a total investment of approximately $2.88 million. At the same time, another address 0xc725102508c2f7df5bdB5f8EA5242Ae18b8a839D also bought 2974.38 ETH at the same average price, with a total investment reaching approximately $7.89 million.
This large-scale buying behavior during a price pullback may reflect some investors' confidence in the long-term value of Ethereum, which is worth the market's attention.