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Gate boasts 104% cold reserve coverage, but separate snapshot dates raise red flags

the MEXC Thursday evening board with BTC 76,236.50 and 31 perps

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Key takeaway

This evening's MEXC snapshot. The image is the live BTCUSDT perp page at 8:05 PM ET; the tables come from the public ticker at 8:06 PM ET.

MEXC logo, for the post: Gate boasts 104% cold reserve coverage, but separate snapshot dates raise red flags: the MEXC Thursday evening board with BTC 76,236.50 and 31 perps
MEXC logo.

Net-net

BTC is -4.40% vs this morning. Range 75,169.00 to 80,888.00. Mood 28 (Fear). The first test overnight into Asia is a retest of 79,742.20 from below.

Full table (31 perps, 8:06 PM ET)

CoinLast24h %24h Vol24h High24h Low
$MEME.USDT0.0003964-8.55%$193.40K0.00043770.0003836
$XEC.USDT0.00000589-5.92%$184.35K0.000006330.00000571
$HNT.USDT0.2916-12.43%$342.12K0.350.2886
$EIGEN.USDT0.1697-7.36%$1.44M0.1890.164
$XPL.USDT0.0573-10.18%$12.54M0.065830.05661
$AIOT.USDT0.09752+4.64%$173.02K0.100010.09146
$ARX.USDT0.2359+2.12%$289.84K0.24680.2169
$BERA.USDT0.1142-10.50%$491.69K0.12970.1117
$AVAX.USDT8.308-4.91%$19.80M8.8548.076
$JST.USDT0.14131+1.02%$327.25K0.142860.13823
$QTUM.USDT0.7175-5.39%$148.52K0.76860.6963
$KNTQ.USDT0.4095-13.27%$152.23K0.48460.3643
$ZEC.USDT1,325.77+2.68%$2.03B1,334.521,212.67
$PLUME.USDT0.01343-7.18%$547.79K0.014870.01307
$AZTEC.USDT0.01398-3.25%$172.24K0.015180.01333
$OP.USDT0.10328-5.79%$7.27M0.112890.09966
$FILECOIN.USDT0.8038-7.47%$3.32M0.88070.7772
$ON.USDT0.1772+16.57%$1.12M0.20270.1517
$AXS.USDT0.8347-4.60%$489.73K0.88990.8035
$POPCAT.USDT0.03686-7.22%$222.59K0.040440.03583
$SUN.USDT0.015509-0.62%$303.49K0.0157180.015294
$MAGMA.USDT0.34772-10.27%$364.92K0.459580.34455
$HYPE.USDT77.721-7.75%$87.06M84.64476.284
$CARDS.USDT0.2678-6.81%$49.06K0.28880.2492
$DOGE.USDT0.07212-6.24%$157.01M0.077430.07016
$KAITO.USDT0.2117-8.27%$294.10K0.23290.2046
$XVG.USDT0.002072-7.45%$136.45K0.0022780.00201
$VELO.USDT0.003566-1.89%$280.97K0.0038920.003479
$LIT.USDT3.4679+3.48%$14.54M3.54883.2244
$TAO.USDT219.89-6.79%$66.08M238.17211.92
$ONE.USDT0.0010801-2.55%$309.95K0.0011460.0010252

Alt breadth

  • Trending names that list on this board: $ZEC.USDT, $HYPE.USDT, $LIT.USDT.
  • Dominance: BTC 59.92% vs ETH 10.72%.
  • Breadth: 6 of 31 names on the board are green over 24h.
  • Strongest: $ON.USDT +16.57%, $AIOT.USDT +4.64%, $LIT.USDT +3.48%; weakest: $KNTQ.USDT -13.27%, $HNT.USDT -12.43%.

BTC is ahead of ETH over 24h (-5.30% vs -7.33%), and most alts on the board are lagging.

Key levels overnight into Asia

  • BTC: last 76,236.50; 24h high 80,888.00 is the lid, 24h low 75,169.00 the floor; BTC is trading under this morning's 79,742.20, so that print is the first level to win back.
  • ETH: last 2,242.57; 24h range 2,205.17-2,436.40; this morning's print 2,388.28 (-6.10%).

BTC is under this morning's print; winning it back overnight into Asia puts the 24h high back in play, while a close under 75,169.00 hands the next session a floor test.

Macro and crypto news

  • Gate boasts 104% cold reserve coverage, but separate snapshot dates raise red flags (CryptoSlate, Thu Nov 5, 2026)
  • Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading (Bitcoin Magazine, Thu Nov 5, 2026)
  • Ethereum (ETH) Pumps and Dumps: The Next Potential Targets Revealed (CryptoPotato, Thu Nov 5, 2026)

5 movers off the board

A separate pick: different coins from the table.

CoinLast24h %24h Vol
$BLESS.USDT0.007988+0.98%$5.37M
$RED.USDT0.1487+0.13%$346.35K
$AXIS.USDT0.1279-11.97%$757.70K
$TAG.USDT0.0006609-13.90%$309.15K
$KIMCHI.USDT0.002436-16.51%$317.56K

Leaders: $BLESS.USDT +0.98%, $RED.USDT +0.13%. Laggards: $AXIS.USDT -11.97%, $TAG.USDT -13.90%, $KIMCHI.USDT -16.51%.

Volume and range

  • Heaviest turnover on this board: $ZEC.USDT $2.03B, $DOGE.USDT $157.01M, $HYPE.USDT $87.06M, $TAO.USDT $66.08M.
  • Widest 24h ranges: $ON.USDT 33.6%, $MAGMA.USDT 33.4%, $KNTQ.USDT 33.0%.
  • BTC's 24h range on MEXC: 75,169.00-80,888.00 (7.61%).

Wide-range small caps are where stop runs tend to start when Asia-session volume arrives.

Where things stand

  • MEXC BTC perp: 79,742.20 at this morning's 8:53 AM ET read -> 76,236.50 now (-4.40%).
  • MEXC ETH perp: 2,388.28 -> 2,242.57 (-6.10%).
  • 24h on MEXC: BTC -5.30%, ETH -7.33%.
  • Total crypto market cap ~$2.56T (-4.86% 24h), BTC dominance 59.92%.
  • Fear & Greed 28 (Fear), lower than 50 this morning.
  • Day range on MEXC BTC: 75,169.00-80,888.00 (24h).

$ETH.USDT / $HYPE.USDT / $BTC.USDT / $DOGE.USDT / $TAO.USDT / $BLESS.USDT / $ZEC.USDT

Discussed on r/MEXCReferralCodes

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