#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
📆 Flash News 20/03/2024
1️⃣Gate.io bigdata indicates that amid BTC and ETH price volatility, liquidations reached $587M in the past 24 hours, with BTC at $166M and ETH at $134M.
2️⃣The U.S. SEC delays decision on Hashdex and Ark 21Shares Ethereum ETFs, extending deadline to May 30th.
3️⃣Bitcoin spot ETFs witness significant net outflows, causing broad decline in blockchain stocks.
4️⃣Crypto fear and greed index at 74, with market greed sentiment slightly decreasing.
5️⃣Altcoins dip alongside the market, with SOL and AVAX dropping over 10% and FRONT down by 24% in 24 hours.