#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
#Has the Market Bottomed Out?#
Worst February Since 2014
As we entered February 2025, the markets were in a large upward range. Because the data indicates that Bitcoin has performed well in the second years. Bitcoin price closed the outer February months of 2014 and 2020 with increases.
It was especially noteworthy that Bitcoin's block order experienced a double-digit increase in the February period of the year following the halving. So much so that Bitcoin increased by 62% in 2013, 23% in 2017 and 37% in 2021. It was predicted that a similar rise in Bitcoin could occur in February 2025. #Bitcoingaranti#