On-chain data reveals that one participant captured 60% of Stable’s presale through nine addresses, highlighting concentration in the $825 million deposit program.
On October 24, on-chain analyst Ai Yi disclosed that a single entity contributed $500 million to Stable’s $825 million presale, utilizing nine addresses. This represented 60.6% of the total presale funds, with a total of 274 participants in the event, indicating significant concentration of the token allocation among a few entities.