#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
The mysterious whale closed most of the 20x BTC long positions, with a cumulative loss exceeding 15 million USD.
PANews reported on June 18 that according to monitoring, the mysterious whale has closed most of its 20 times BTC long positions, and the current position is worth $77 million. The whale initially opened a position worth $424 million and has now reduced its position from 3,952.66 BTC to 736.5 BTC. In the last transaction, the whale lost $12.5 million, and now it has accumulated losses of more than $15 million.