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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
Frankly speaking, I am quite confused by this market Fluctuation.
Firstly, it should be clear that the project team has never promised not to sell tokens; they have publicly stated this on Twitter. Additionally, the asset management rights of user wallets are always in the hands of the token holders, not controlled by the project team.
Secondly, when there is a trading pair between two tokens, a price drop in one token will inevitably affect the other. This is a basic market linkage mechanism and belongs to the fundamental knowledge of cryptocurrency trading.
Finally, what really needs to be reflected upon in this industry is: how many people can profit and not exit the market? Many critics cash out immediately after receiving airdrops, yet they morally condemn others for similar behavior. Shouldn't we look at market behavior more objectively, rather than expecting to reap high returns while avoiding all risks?