Wallet Acquires 2.32M EDEL Ahead of Testnet Launch

On-chain data from DeBank shows a blockchain wallet exchanging $82,000 in USDC (U.S. dollar-pegged stablecoin) for 2.32 million EDEL before the upcoming testnet release.

USDC

Summary

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Terms & Concepts
  • USDC: A stablecoin pegged to the U.S. dollar, used for digital payments and transfers.
  • Testnet: A blockchain network used for testing projects before launching on the main network.
  • On-chain Data: Information recorded directly on a blockchain, publicly accessible and verifiable.