OurNetwork founder: Arbitrum One ETH deposit inflow accounts for 75% of the L2 network
According to Spencer Noon, founder of the on-chain analysis platform OurNetwork, writing on X platform, as of April 28th, Arbitrum One has set a new record by accumulating a value of 5.2 billion US dollars worth of ETH. With a balance of 1.74 million ETH, its balance is larger than the total of other EVM chains. Data from CEX also shows that Arbitrum One is the main L2 network for ETH deposits, accounting for 75% of all ETH inflows to L2 by May 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CIO of a Giant Investment Company Reveals His Prediction for the Level of Bitcoin Price in the Near Future
Bitwise senior manager Matt Hougan shared his thoughts on the future of Bitcoin price in his statement.
US spot Bitcoin ETFs log highest inflow day since June, two-month high in total value
Following a seven trading day streak of inflows and bolstered by the rising price of Bitcoin, the total assets held by US-based spot Bitcoin ETFs has reached a two-month high.Friday also marked the largest inflows to the funds since early June, a nearly four-month high.
FBI seizes $6M from crypto scammers targeting US citizens