Plasma $XPL just launched And NO insider manipulation was found🚨 Here’s what the onchain data has to say Biggest inflows on launch day: 0x500Bea59133e20dC63B7E88913B30348494b84ba → 1,188,713.45 USDT0 0x989536719a72Cfd50348cCD5521256c7eb41A999 → 1,154,822.69 USDT0 0x21C9cE0611541099583E4249bfB583606715a796 → 724,064.87 USDe 0xcDc8BBC2C740E44e9231dc3a8842800aa2433d18 → 5,000,000.01 USDT0 Exchange hot wallet (Binance): 0x8741B106ea92b9B5F7a55dDfd533FF66337b51 → 490,444,430.31 XPL Most of the top transactions came from Ethereum and Arbitrum via LayerZero. Over $870M bridged in stablecoins was confirmed onchain during the first 24 hours. Why no insider manipulation was found: After analyzing 252,140 transactions on plasma • The largest inflows came from stablecoin whales and institutional addresses, fully traceable. • No team wallets sold any tokens. • Bridge activity matched expected launch flows, with no unexplained exits. • Wallet clustering showed healthy distribution: - 1,605 unique USDT0 holders - 468 WXPL DeFi wallets - 300+ unique cross chain senders - No unusual gas patterns or coordinated dumps. This explains the huge TVL at launch and the clean onchain flows. Plasma’s launch was transparent and technically sound. At this moment, there is zero evidence of insider manipulation.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments