Gate.io closes more than 90% of its own BTC and ETH, with most of them converted to USDC. What is the truth behind the suspicion of the community?

動區BlockTempo
BTC-2,89%
ETH-4,72%

coin安 significantly reduced its own holdings of BTC and ETH in January, and converted most of its assets to Stable Coin USDC, triggering community concerns about asset security. However, analysis indicates that this may only be an internal asset adjustment or a response to regulatory requirements.

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