TechFlow news, February 16 — According to Arkham monitoring, 70% of LIBRA's supply is concentrated in just two addresses, while 15% of the supply was directly deposited into Meteora LP by developer addresses. The developer addresses have collected over $20 million in trading fees from these deposits. Additionally, seven different addresses collectively received 60 million LIBRA tokens from the deployer, each subsequently depositing their LIBRA into liquidity pools and later withdrawing SOL/USDC funds.
Notably, addresses associated with the LIBRA launch currently hold over $100 million in USDC and SOL, most of which has been transferred to independent holding addresses. The LIBRA-related accounts currently hold $57.6 million in USDC and $48.6 million in SOL.
