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OurNetwork founder: Arbitrum One ETH deposit inflow accounts for 75% of the L2 network

CointimeCointime2024/05/05 02:13
By:Cointime

According to Spencer Noon, founder of the on-chain analysis platform OurNetwork, writing on X platform, as of April 28th, Arbitrum One has set a new record by accumulating a value of 5.2 billion US dollars worth of ETH. With a balance of 1.74 million ETH, its balance is larger than the total of other EVM chains. Data from CEX also shows that Arbitrum One is the main L2 network for ETH deposits, accounting for 75% of all ETH inflows to L2 by May 2024.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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