PANews reported on December 5 that according to the official announcement, Gate.io announced a snapshot of the 100% reserve of the BRC20 ecological head project at 10 o'clock on December 5, 2023. The latest snapshot shows that the reserves of assets including ORDI, SATS, and RATS are all more than 100%, and the reserve ratio of BTC is more than 120%. In addition, for the sharp increase in trading volume on the evening of December 4, 2023, according to the platform's investigation, this phenomenon is due to the large fluctuations in the market that night, and the trading strategies of some quantitative institutional users. It is not uncommon for institutional users' strategies to deviate when the market fluctuates, and this incident has nothing to do with the operation of the platform.