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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
Hyperliquid responds to the '50x leverage Whale' ETH long liquidation incident: the protocol has no vulnerabilities and will adjust the leverage limits for BTC and ETH.
BlockBeats news, on March 12, Hyperliquid posted on social media, stating, "Regarding the issue of 'Hyperliquid 50x leverage Whale' (user 0xf3f4) ETH long positions: First of all, it is clarified that there was no protocol vulnerability or Hacker attack. The user held unrealized PNL (PNL), made a withdrawal, resulting in a Margin drop, and was subsequently liquidated. In the end, the user made a profit of about $1.8 million, while HLP lost about $4 million in the past 24 hours. Currently, HLP's cumulative PNL stands at approximately $60 million. Please note that HLP is not a risk-free strategy. In order to increase the maintenance Margin requirements for large Holdings, we will adjust the maximum leverage for BTC and ETH to 40x and 25x respectively. This will provide better cushioning for the liquidation of large Holdings.