According to @EmberCN, Bybit and Plasma launched a chain-adoption push that pairs Bybit’s ongoing Token Splash with a 9 million XPL trading reward pool for users, source: @EmberCN. From September 29, USDT withdrawals from Bybit via the Plasma Network carry zero withdrawal fee, aimed at lowering capital rotation costs for arbitrage and multi-address fund routing, source: @EmberCN. Depositing USDT to Bybit via the Plasma Network grants raffle tickets worth 0.5 to 100 USD each, but users must first claim the Benefits Center task titled Bybit invites you to explore Plasma before depositing, source: @EmberCN. The campaign set also includes a fixed 400 percent APR Earn offer for 3 days alongside the 9 million XPL trading pool as part of Bybit’s Plasma-focused adoption drive, source: @EmberCN.

According to @EmberCN on X (x.com/EmberCN/status/1973183868347040245), a single address holds 62.148 million XPL spot at an average entry price of $1.15, with XPL quoted at $0.92 at the time of the post, implying an unrealized loss of approximately $14.29 million (source: @EmberCN on X). Trade breakdown shows two major buys: 24.295 million XPL for 33.00 million USDC four days ago and 37.854 million XPL for 38.525 million USDC today, totaling 71.524 million USDC spent for 62.148 million XPL at a $1.15 blended cost (source: @EmberCN on X; on-chain references: hyperbot.network/trader/0xd80DA302010A415586d92532a00A9544CFde70be and plasmascan.to/address/0x9ab168834e2103B4bBA92B9F2dC3640A47615ae7). Of the position, 37.854 million XPL is visible on Hyperliquid via the trader profile (source: hyperbot.network/trader/0xd80DA302010A415586d92532a00A9544CFde70be per @EmberCN on X), and 24.295 million XPL sits on Plasma network at the referenced address (source: plasmascan.to/address/0x9ab168834e2103B4bBA92B9F2dC3640A47615ae7 per @EmberCN on X). For trading context, the wallet’s break-even is $1.15 based on the reported average cost (source: @EmberCN on X), with current drawdown versus basis roughly 20% given the $0.92 quote at post time (source: @EmberCN on X). Traders can monitor subsequent inflows/outflows and any transfers related to this position via the Hyperliquid tracker and the Plasma address above (sources: hyperbot.network and plasmascan.to per @EmberCN on X).

According to the source, a ‘Trillions’ meme coin on the Plasma stablecoin network is reported to have reached roughly a $60 million market capitalization (source: user-provided X post dated 2025-09-29). This claim cannot be independently verified without a non-media source such as the token contract address on the Plasma block explorer and official project channels (source: standard on-chain verification practices documented by Etherscan and major token aggregators). For trading decisions, confirm on-chain liquidity depth, top-holder concentration, and admin privileges (mint/pause/blacklist) via the explorer, and verify real DEX volumes and slippage on reputable trackers before entry (source: due-diligence checklists commonly referenced by CoinGecko and DEX Screener).