#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
Large Investors unstake 7259 stETH trap 1148 million USDC
According to Gate.io News bot, a Large Investor unstaked and sold 7,259 stETH after holding for 2.2 years, exchanging it for 11.48 million USDC at an average price of 1,581 USD.
The large investor initially obtained 6,762 stETH by exchanging ETH and USDC worth $11.64 million. During the holding period, they earned staking rewards of 497 ETH but ultimately recorded a loss of about $158,000.