According to @ai_9684xtpa, whale address 0x790...41023 staked 50,000,000 USDC during Plasma’s early staking in June and added 2,700,000 USDT two months later, receiving 54,081,783.66 XPL in rewards, source: x.com/ai_9684xtpa/status/1971201097072325104. The author values the 54,081,783.66 XPL at approximately 40.56 million USD, which is the author’s stated conversion, source: x.com/ai_9684xtpa/status/1971201097072325104. The address and internal transactions can be tracked on-chain for verification and monitoring of any subsequent movements, source: plasmascan.to/address/0x790c42D632502949e72Ab0981C2f0D2021141023/internalTx. For trading, the concentration of 54.08M XPL at a single address is a material on-chain signal; monitor this wallet for transfers to exchanges or liquidity pools to gauge potential supply pressure, source: plasmascan.to/address/0x790c42D632502949e72Ab0981C2f0D2021141023/internalTx.

According to Ai 姨 (@ai_9684xtpa), the Plasma staking cap was increased to $1 billion, and within just 30 minutes, $500 million was filled, reflecting strong institutional participation. Notably, Amber Group deposited 16.3 million USDT and Spartan Group added 5 million USDT. The leading address, 0x790...41023, staked 50 million USDC. These developments signal heightened demand and capital inflow, which may drive further activity and volatility in related DeFi tokens. Source: Twitter (@ai_9684xtpa, June 12, 2025).

According to Ai 姨 (@ai_9684xtpa), a user spent over $100,000 in gas fees—equivalent to 39.15 ETH—to stake 10.17 million USDC on Plasma, becoming the first address to stake on the platform. This high-fee transaction stands in contrast to the top-ranked address, which staked 50 million USDC for just $7.16 in gas fees (source: https://twitter.com/ai_9684xtpa/status/1932070087198130499). The unusually high gas expenditure has raised questions about potential rewards and the mechanics of Plasma staking, drawing attention from institutional and retail traders alike. This event highlights the importance of monitoring on-chain activity and transaction costs, as such anomalies can signal lucrative or risky opportunities in DeFi markets. Traders should closely observe Plasma and similar protocols for further volatility and potential arbitrage setups as large USDC flows impact liquidity and token price action.