Data: BlackRock BUIDL Fund has deployed more than $1 billion in funds on the Ethereum chain

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ChainCatcher reports that, according to Cointelegraph, Token Terminal data shows that BlackRock's BUIDL fund has deployed over $1 billion in funds on the Ethereum chain, currently reaching approximately $1.145 billion.

The BUIDL fund focuses on tokenizing real-world assets (RWA) and makes diversified investments on chains such as Avalanche, Polygon, Aptos, Arbitrum, and Optimism, with Ethereum remaining its core allocation.

According to Nansen's analysis, since March 12, 2024, the number of addresses holding 1,000-10,000 ETH has grown by 5.65%, while the number of addresses holding 10,000-100,000 ETH has grown by 28.73%.

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