#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
Hesai Responds to Blue Orca Capital's shorting: The accusations are baseless.
On March 19, Jinshi Data reported that regarding the shorting by the institution Blue Orca Capital, Hesai Technology responded today, stating, "We have followed the report released by the shorting institution Blue Orca Capital. Hesai has always adhered to strict business ethics standards and Compliance requirements. We strongly oppose the allegations in the Blue Orca Capital report and believe they are unfounded." As of the time of publication, Hesai Technology has fallen by 7.8%, trading at $20.56 per share.