On November 3rd, ETH suggests Short on ETH is also empty; it is recommended to short again near 3730-3760, targeting down to 3650-3600, and if it breaks down, continue to look down to 3500. #Gate新一期储备金报告出炉 #参与创作者认证计划月领$10,000 #十二月降息预测

Gate once again presents a solid report: 124% reserve ratio, making transparency the bottom line. In this industry, everyone talks about trust. But in the crypto circle, trust can never be relied on just words. @Gate chose the most straightforward approach - to present the "real data" to the entire industry. As of October 28, 2025, Gate announced the latest reserve audit report: The total reserve reaches 11.676 billion USD, with an overall reserve ratio of 124%, which means that for every 1 USD of user assets, Gate has prepared at least 1.24 USD in funds to back it up. This is not only the industry's first platform to consistently uphold the "100% reserve" commitment, but also one of the few mainstream exchanges that can continuously increase its reserve ratio. From Bitcoin to Ethereum, from US Dollar stablecoins to Dogecoin, and then to assets like XRP and GT, Gate's reserves far exceed the total amount of users. BTC reserve ratio 133.96% ETH reserve ratio 125.93% USDT reserve ratio 118.74% DOGE reserve rate 108.12% XRP reserve ratio 116.66% This means that even if users across the entire platform withdraw simultaneously, they can achieve instant payouts with no risk. In the past year, many centralized platforms have collapsed due to opaque reserves, misappropriation of funds, and insufficient liquidity. And Gate provides a clear answer to the market with a series of third-party audited reserve reports - We are not promises, we are proof. To turn transparency into verifiable facts, technology is key. Gate's reserve audit uses Merkle Tree + zk-SNARKs algorithm. This packages all user assets into cryptographic proofs, allowing anyone to verify the authenticity of the data, but no one can peek into your privacy. The balance and UID of each user will be hashed to generate leaf nodes, which are ultimately summarized into a unique Merkle root. You can even verify for yourself - check if your account is included in the entire proof of reserves. This is not just empty talk, but a kind of security that you can see. This report with a 124% reserve ratio is not just a data update, but also a declaration of attitude: For a platform to survive long-term, it should not rely on marketing, but on its bottom line. As the industry enters a new cycle again, market funds, institutional inflows, and stricter regulations. Only an exchange that can continuously speak with data and safeguard with technology deserves the trust vote for the next bull market. The reserves are not marketing materials, but the lifeline of the exchange. Gate uses a reserve ratio of 124% to make security and transparency the standard in the industry, rather than the exception. In an era where trust is becoming increasingly scarce, True strength is the courage to lay the books open for everyone to see. Reserve audit report details link: #GatePoR