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Arkham: 70% of the LIBRA supply is held in 2 addresses, with the issuance-related address holding over 100 million USDC and SOL

Feb 16, 2025 09:56:58

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ChainCatcher news, according to Arkham monitoring, 70% of the LIBRA supply is located in 2 addresses, while 15% of the supply was directly deposited by the developer address into the Meteora LP. The developer address has collected over 20 million dollars in transaction fees from these deposits.

Additionally, 7 different addresses received a total of 60 million LIBRA from the deployer, with each address depositing LIBRA into liquidity pools and later withdrawing SOL/USDC funds.

Addresses related to the issuance of LIBRA currently hold over 100 million dollars in USDC and SOL, most of which has been transferred to independent holding addresses. LIBRA-related accounts currently hold 57.6 million dollars in USDC and 48.6 million dollars in SOL.

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