According to a recent report by COINOTAG on December 9th, Gate.io has published its December Reserve Report, showcasing impressive metrics within the cryptocurrency market. Notably, the exchange’s Bitcoin (BTC) reserves stand at 20,773 coins, with a remarkable reserve ratio of 124.47%. In addition, Ethereum (ETH) reserves are reported at 290,365 coins, demonstrating an even more robust reserve ratio of 128.52%. These figures significantly surpass the industry averages, which are typically more than 20 percentage points lower.
The overall reserve value managed by Gate.io has escalated to an impressive $9.566 billion, fueled by a total reserve ratio of 123.91%. This performance not only exceeds the industry benchmark of 100% but also highlights Gate.io’s commitment to maintaining a stable financial footing. Furthermore, the platform has witnessed an increase in its excess reserves to $1.846 billion, with a staggering growth rate of 68.89% and an excess reserve ratio of 23.91%.