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Only 274 addresses successfully participated in the Stablecoin Pre-Deposit Event.

By: theblockbeats.news|2025/10/24 04:17:48

BlockBeats News, October 24th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the stablecoin public chain Stable's pre-deposit activity with an $825 million quota saw only 274 addresses successfully participate.

A certain whale/institution took up a $500 million quota through 9 addresses, accounting for 60.6% of the share.

Whale with address starting with 0x3fc closed a BTC short position and opened an ETH long position, with a total position size exceeding $9 million.

Stablecoin $825M Pre-Deposit Flash Loan, Whale Entrance with $700M Before Official Announcement?