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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
BTC range oscillation top traders drop trading frequency to strictly control risks
On June 17, top traders posted in their personal channels, stating, "Bitcoin has been repeatedly rejected at the $110,000 resistance level, and the market has basically been oscillating in the $100,000 to $110,000 range, with altcoins also showing signs of consolidation and stagnation. If Bitcoin does not make a new high, I expect Total3 (total market capitalization excluding BTC and ETH) to slowly decline, as the holdings in the market are gradually being reduced, and the unlocking pressure continues to affect prices.
The current market still has a high trading difficulty, and I have adjusted my strategy, significantly reducing the trading frequency and only focusing on high-risk-return opportunities. This means that stop-loss must be very strict, and absolutely no chasing those already risen emotional coins. The altcoin area I am currently focusing on has not yet approached what I consider the value zone, so I am keeping my spot holdings light, with most operations still based on short-term strategies.