#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
A Whale engaged in swing trading for ETH spent 10 million USDC to buy 3,875 ETH again 1 hour ago.
According to Jinse Finance, on-chain analyst Yu Jin monitored that a Whale/institution, which made a profit of 30.45 million USD through two swing trading of ETH, spent another 10 million USDC an hour ago to purchase 3,875 ETH! In the past 3 days, they have accumulated a total expenditure of 186 million USDC to buy 70,465 ETH! The average price is 2,647.7 USD. Currently, they still hold as much as 150 million USDC.