PANews reported on November 6th that, according to on-chain analyst @ai_9684xtpa, within 25 minutes of the Stable Phase II pre-deposit opening, 242 million USDC had been successfully deposited, nearly half of the total, with a large number of transactions still pending. The first deposit address, 0xba6...8a2dB, successfully deposited 98,998.5 USDC in 11 seconds, incurring a $243 miner fee, almost reaching the maximum limit ($100,000). To avoid being targeted by Sybil attacks, funds were primarily transferred from exchanges. However, the first 20 small deposit addresses all followed the "OKX withdraws a small amount of ETH + Bybit withdraws USDC" pattern, with the preparation and deposit times extremely close together.