#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
They said, "Andy looks weak here, brother. Are you worried?"
I: No, not at all because I actually understand what I'm trading with...
Let's talk about it. Andy (👇@andycoinonerc) is literally the beta of ETH. When ETH is strong, Andy will be strong too. However, this also works in the opposite direction. This is Andy against ETH. When the chart goes up, Andy outperforms ETH. When it goes down, Andy falls behind ETH's performance. Currently, the Andy/ETH pair is stacking high timeframe demands just below the current valuation (rise). Basically, if you are sitting in spot ETH, there may not be a better time hypothetically to switch it for spot Andy.
#Which memecoin has great potential?#
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#ANDY# #ANDYETH# #BOME# #WIF#