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List of Flash News about wallet limits

Time Details
2025-06-09
13:03
Plasma Deposit Cap of $250 Million Reached in 45 Seconds: Justin Sun Wallets Dominate Crypto Allocation

According to @KookCapitalLLC on Twitter, the Plasma deposit cap of $250 million was reached in just 45 seconds, with an individual wallet cap set at $50 million. Despite the apparent fairness of the structure, all available capacity was quickly taken, reportedly by Justin Sun using five separate wallets (source: @KookCapitalLLC, June 9, 2025). This rapid allocation highlights the influence of large players and whales in crypto launches, raising concerns for retail traders about equal opportunity. Crypto traders should monitor future Plasma launches for similar patterns, as early access and wallet limits may not prevent concentration risk.

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