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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
ARB price prediction: Altcoin could increase by around 30% in the near future
The price of Arbitrum (ARB) broke above the important resistance zone of $1.7. Thus, it reached an all-time high of $2.43 in the first week of 2024. Following the initial decline, the price successfully confirmed the $1.7 zone as support in the previous week (blue arrow). Also, it formed a bullish pin bar candlestick. This move suggests that the bulls see the decline to the previous breakout level as a buying opportunity. Also, this is often a sign that the uptrend is leading to a continuation.
Meanwhile, the weekly RSI indicator is bullish and above 50. This points to an advantage for the bulls. If so, ARB price could rise again to an all-time high of $2.43. This target corresponds to an increase of 28.90% from the current price.
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