PANews reported on July 25 that on-chain analyst @ai_9684xtpa said on the X platform that last Friday (July 19), Solv Protocol and Babylon jointly opened an early pledge quota of 500 BTC, which was snapped up in just 2 minutes. Two whale accounted for 299 BTC, with a pledge amount of up to $19.15 million. Among them, the whale 0x6be…9fdFC pledged 196.038 BTC, worth $12.57 million. The whale 0x6be…9fdFC pledged 103.016 BTC, worth $6.58 million.
The analyst also said: "At present, SolvBTC.BBN TVL has reached 1,500 BTC, and the number of addresses on the chain exceeds 16,000, which is a data gap among the eight Babylon LST products on the market; and the total TVL of the platform exceeds 19,000 BTC, even exceeding public chains such as Arbitrum and Polygon."
