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In just 25 minutes since the launch of the second phase of the Stable pre-deposit, 242 million USDC have been successfully deposited.
According to on-chain analyst @ai9684xtpa, PA News reported on November 6th that within 25 minutes of the opening of Stable Phase 2 pre-deposits, 242 million USDC have already been successfully deposited, nearly half of the total. A large number of transactions are still pending. The first deposit address, 0xba6…8a2dB, took 11 seconds and incurred a $243 miner fee to successfully transfer 98,998.5 USDC, nearly hitting the maximum limit of $100,000. To avoid being flagged, most transfers are from exchanges, but the first 20 small deposit addresses all follow a pattern of “OKX sending small amounts of ETH + Bybit sending USDC,” with deposits and fund preparations occurring very close in time.