Gate.io Reports $10.865 Billion in Total Reserves: BTC, ETH, and USDT Ratios Soar
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
On May 9th, **Gate.io** disclosed its latest Reserves Report, revealing a total reserves value of **$10.865 billion** as of May 8th. This impressive figure corresponds to a **total reserve ratio** of **128.57%**, indicating a robust financial position with an excess reserve value of **$2.415 billion**. Notably, the **BTC reserve ratio** stands at **137.69%**, reflecting an increase of **2,802 BTC** compared to the previous report. Similarly, the **ETH reserve ratio** has climbed to **121.36%**, bolstered by an additional **188,563 ETH**. The **USDT reserve ratio** also illustrates stability at **102.63%**, marking an increment of **441,334,786 USDT** during the same timeframe. This report underscores **Gate.io’s** commitment to transparency and solidifies its position within the competitive cryptocurrency exchange landscape.
