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Whale Deposits 5,975 ETH into Blast: Fifth-Largest Holder Emerges

Dec 24, 2023

Whale Deposits 5,975 ETH into Blast: Fifth-Largest Holder Emerges
Whale Deposits 5,975 ETH into Blast: Fifth-Largest Holder Emerges
Whale Deposits 5,975 ETH into Blast: Fifth-Largest Holder Emerges

A big player in the world of cryptocurrency, known by an address starting with 0xc3b, has recently made a substantial deposit of 5,975 ETH into the Blast platform. This move has propelled them to become the fifth-largest depositor on Blast. Currently, the total amount of ETH locked in Blast stands at 381,000 ETH, equivalent to a whopping $879 million. These funds will remain locked until February 24, 2024. Notably, out of this substantial sum, a significant portion of 129,500 ETH (approximately $300 million) comes from just the top 20 deposit addresses, making up 34% of all the deposits. This highlights the substantial influence of a small group of depositors on the platform.