TechFlow news, according to Lookonchain monitoring, dYdX will unlock 150 million DYDX (approximately $505 million) on December 1, accounting for 81.63% of the circulating supply. Among this, 83.19 million DYDX (around $280 million) have already been unlocked for investors, representing 46.15% of the circulating supply.
The dYdX Foundation has distributed tokens to investor addresses, including a16z crypto, Defiance Capital, and Polychain Capital. Currently, 437.4 million DYDX (about $1.47 billion) have been bridged to dYdX Chain, representing 43.74% of the total supply. Due to one-way cross-chain transfer, these 437.4 million DYDX will be permanently locked in the wethDYDX smart contract.
The top 20 DYDX holders collectively own 850 million DYDX (approximately $2.83 billion), representing 85.09% of the total supply.
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FalconX has withdrawn 1.14 million DYDX (approximately $3.84 million) from Binance over the past 5 days;
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A whale at address 0x2A25 deposited all 1.5 million DYDX (worth about $5.08 million) received 6 days ago from dYdX: DYDX Distributor into Binance.
