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The community questioned the Stable Deposit Activity "Coinbase Effect," with an $825 million quota selling out in seconds.

By: theblockbeats.news|2025/10/24 02:15:53

BlockBeats News, on October 24, shortly after Stablecoin public chain announced the first-phase deposit event, the $825 million quota was sold out within seconds, sparking community doubts about its "insider trading."

BlockBeats investigation found that the official announcement was made at 9:10 (Beijing time), while on-chain data showed that the first deposit was made at 8:48 before the announcement, with a rough estimate that over 70% of the deposits were made before the announcement.

CZ's new book is set to be published soon, and it may cover his professional journey, industry insights, and personal investment experience.

Tonight, prior to the release of the CPI data, the probability of another 50 basis point interest rate cut within the year is reported to be 93.4%.