#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
The escalation of the situation in the Middle East has triggered a sell-off, with the crypto market zone experiencing a general fall, and AI leading the decline at 5.32%.
PANews June 18 news, according to SoSoValue data, today the crypto market experienced a comprehensive pullback due to rumors of the U.S. entering the war and the escalating situation in the Middle East. The AI zone fell 5.32% in 24 hours, with RENDER and VIRTUAL dropping 6.01% and 7.66% respectively. BTC fell 2.26%, losing the $105,000 mark, while ETH dropped 2.49%, hovering around $2,500. Other underperforming zones include Decentralized Finance (-4.20%), Layer2 (-4.39%), and NFT (-4.84%). Some counter-trend assets such as BCH (+5.32%) and TON (+0.07%) showed strong performance.