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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
Currently, the price of Bitcoin is fluctuating continuously within the range of 106000-103300, and this trend characteristic is expected to continue in the short term. Today's market trading strategy remains unchanged, and it is advisable to gradually establish short orders when the price rebounds to the range of 105300-105800, with an initial target range of 104300-104000.
When the price retraces to around 104300-104000, a long order strategy can be adopted, with a target price range of 105600-106000. If the price can effectively break through the 106000 resistance level, it is expected to further rise to the 108000 level.
This kind of range-bound market requires investors to remain patient and strictly adhere to stop-loss and take-profit disciplines, flexibly adjusting strategies based on price performance in key ranges. Short-term traders, in particular, should pay attention to controlling their positions to avoid excessive trading in a volatile market that leads to capital loss.