#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
Market observation early this morning
Bitcoin started a rebound structure at the $104,000 level during the early hours. From the chart pattern, this price level forms a typical bullish engulfing pattern, with trading volume increasing by more than twice compared to the previous hour, indicating that buying power is actively entering the market.
At present, the price is forming a triangle consolidation pattern in the range of $104,500-104,900, the RSI indicator on the hourly chart is oscillating horizontally between the neutral range of 40-60, and the MACD green bar is gradually shortening and is expected to cross above the zero line. In particular, the $104,900 level is an important resistance resonance zone with the upper Bollinger Bands as the previous neckline.
The current market shows a clear short-term wait-and-see sentiment. From a technical perspective, it is recommended to pay close attention to whether the price can break through the triangular consolidation range and its breakout direction. Ensure to implement proper stop-loss controls in your operations.
Bitcoin support range: $103,300 - $102,800
Target upper range: $105,300 - $105,800
Ethereum support range: $2460-$2420
Upward target area: 2540-2580 USD