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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
#Satoshi Net Worth Tops Bill Gates#
Arkham Intelligence announced on social media that Satoshi Nakamoto, the mysterious creator of Bitcoin, has surpassed Bill Gates in terms of net worth! Satoshi's fortune is estimated at $116.7 billion, while Gates' stands at $116.2 billion. This is an incredible moment for the crypto industry, highlighting how far Bitcoin has come since its inception. Interestingly, Satoshi's wallets, containing around 1.1 million BTC, have remained untouched since 2011. What does this mean for the market? 🤔
ℹ️ How will this affect the crypto market?
Satoshi's wealth, based on his presumed 1.1 million BTC, demonstrates the strength and potential of Bitcoin as an asset. His fortune, which exceeds that of one of the world's most famous billionaires, underscores the growing legitimacy of cryptocurrencies. This could attract more attention from institutional and retail investors, reinforcing confidence in Bitcoin as a store of value. However, if Satoshi suddenly decides to move his coins, it could trigger significant market fluctuations, given the volume of his assets (, which is about 5% of the total BTC supply ).
ℹ️How will this affect the future of Bitcoin and the interest from mainstream investors?
The rise in the price of Bitcoin, which has led to an increase in Satoshi's wealth, signals a bull market and raises interest from mainstream investors. News such as Satoshi's superiority over Gates strengthens the narrative of Bitcoin as a new asset class. Institutional players like BlackRock and MicroStrategy are already actively investing in BTC, and such headlines may push more companies and individuals to include cryptocurrencies in their portfolios. Forecasts like Standard Chartered's expectation of a BTC price of $500,000 by 2028 only add to the optimism. However, market volatility and potential regulatory risks remain important factors that investors must consider.
What do you think about such a historic moment for crypto? Share your opinions in the comments!
BTC rebounds around 105200-105700, looking towards 103700-103200.
ETH rebounds around 2625-2650, looking towards 2575-2555.