#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
Jack Yi, the founder of LD Capital: Optimistic about ETH as a trend for investment and research, black swans are a normal phenomenon in finance.
Golden Finance reported that Jack Yi, founder of LD Capital, posted on the X platform expressing his optimism about ETH as a trend investment and research. The sudden black swan is a normal phenomenon in finance. Someone once reminded me to pay attention to the war, but I didn't expect Israel to be this ruthless. I hope that world peace is not just empty talk. After the turmoil subsides, I still remain bullish on holding ETH in Spot. Previously, JackYi posted a bullish outlook on ETH, stating that the CME short position is $1.3 billion, AAVE's short position is $1 billion, and that at least $3 billion across various exchanges, totaling $5 billion in ETH shorts, will be squeezed. A squeeze could push ETH to $3,000, $3,500, or even $4,000, which is the core reason for buying 100,000 ETH options.