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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
JackYi, the founder of LD Capital, reiterated that he was bullish on ETH, and his Trend Research held 142,000 coins
On June 10, JackYi, the founder of LD Capital, once again reiterated his firm bullishness on Ethereum and its ecological tokens, saying that he currently holds a long position of 100,000 ETH options, and believes that the reasons for the undervaluation of the Ethereum ecosystem include: the ETH token itself is undervalued, and he is optimistic about the recovery of the ETH/BTC exchange rate during the bull market; After the liberalization of the crypto policy, projects with real income, users, and products will be the first to benefit from the inflow of traditional capital; Wall Street money is recently flowing into Ethereum to open positions. Trend Research, a subsidiary of LD Capital, is bullish on ETH and now holds 142,000 ETH, with a floating profit of $42.35 million. Trend Research said that the institution started to build a long position at $1,400 in ETH this round, and at $1,800, it wrote a research report and was first bullish on the whole network among the institutions. Previously, according to analyst @ai_9684xtpa monitoring, Trend Research currently holds 142,137 ETH, worth $374 million, with a cumulative profit of about $66.08 million, of which $42.35 million is floating profit. Since December 20, 2024, Trend Research has purchased 181,662 ETH from CEXs, CEXs, and on-chain at an average price of $2,340, with a total value of $425 million.