Lookonchain APP

App Store

Gate.io has released its latest Reserve Data: Total Value surpasses 10 billion US dollars, with an Excess Reserve of 2.296 billion US dollars.

3 hours ago

January 22, 2025 - By January 17, 2025, according to the reserve data, the total reserve value of Gate.io reached a new high of $10.328 billion, ranking fourth in the world in terms of total reserve value. The total reserve ratio was as high as 128.58%, a 4.67% increase from the previous period. In addition, the excess reserve amount increased to $2.296 billion, with a growth rate of 24.38% and an excess reserve ratio of 28.58%. Regarding major coins, the reserve quantity of BTC reached 20,412 coins, with a reserve ratio of 123.06%. The reserve quantity of ETH reached 257,007 coins, with a reserve ratio of 112.04%. The reserve quantity of USDT reached 910,783,326 coins, with a reserve ratio of 118.60%, a 9.35% increase from the previous period.
Relevant content

Solana's On-Chain Stablecoin Market Cap Surpasses $10 Billion, Reaching an All-Time High

On January 22nd, according to data from DefiLlama, the market capitalization of Solana's on-chain stablecoins has exceeded $10 billion, reaching $10.183 billion and hitting a new all-time high. It has seen a 7-day increase of 69.36%.

17 minutes ago

Glassnode: Capital Inflows Slow Down After Bitcoin Breaks $100,000

On January 22nd, based on Glassnode data, since Bitcoin exceeded $100,000, the rate of its capital inflow has decelerated. However, Bitcoin's realized market capitalization has achieved a new all-time high of $832 billion and is still growing at a pace of $38.6 billion per month. By December 2024, the peak of net realized profit taking reached $4.5 billion and has now decreased to $316.7 million (-93%). The reduction in this selling pressure suggests that the market is resetting to a state of supply-demand equilibrium. The total of realized profits and losses has dropped by 65%, from $4 billion to $1.4 billion. Nevertheless, this metric remains at a relatively high level compared to historical levels, indicating that daily demand is still absorbing capital inflows.

17 minutes ago

Saudi Arabia Sovereign Wealth Fund CEO: We Currently Have No Plans to Invest in Cryptocurrency

On January 22nd, the CEO of Saudi Aramco stated, "We are currently not inclined to consider making investments in cryptocurrency."

17 minutes ago

Upbit and Bithumb will compensate investors $2.4 million for losses due to a network outage in December 2023.

On January 22nd, Cointelegraph stated on social media that Upbit and Bithumb will compensate investors with $2.4 million for the losses incurred due to a network outage in December 2023.

17 minutes ago

Bitget Seed Officially Launched, AI Empowers Discovery of On-chain Potential Assets

On January 22nd, Bitget announced the launch of Bitget Seed, a brand new on-chain asset trading platform that focuses on exploring high-potential projects in the market. Initially, it supports the Solana network. Bitget Seed will curate 0-5 high-quality tokens daily. Users can access and trade these tokens through the latest version of Bitget. Bitget Seed stands out by featuring tokens selected by an AI algorithm based on massive on-chain data and big data models, which reduces the possibility of insider trading behaviors. In addition, users only need to click once to apply for a Bitget Web3 wallet to trade the assets launched on Bitget Seed. There is no need for a mnemonic phrase, which significantly enhances operational convenience. For trading, Bitget Seed has introduced the "Gas-Free" feature, eliminating the trouble of gas fees and allowing users to easily conduct on-chain token transactions using USDT. Bitget Seed will also serve as a listing pool for Bitget, providing higher t

17 minutes ago

Bybit will list ANIME Spot Trading

On January 22nd, according to an official announcement, Bybit is going to launch ANIME spot trading.

17 minutes ago