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Avalanche Casts Largest Number of BTC.b in Single Day, with 1000 Contributed to BenQi

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It is reported that according to Dune data, on March 2, Avalanche cast about 2011 new BTC. b, the largest number of BTC. b castings in a single day, and the to…

Avalanche Casts Largest Number of BTC.b in Single Day, with 1000 Contributed to BenQi

It is reported that according to Dune data, on March 2, Avalanche cast about 2011 new BTC. b, the largest number of BTC. b castings in a single day, and the total supply of BTC. b on that day increased to about 8572. Among them, about 1000 BTC. b have flowed into the ecological lending market BenQi.

About 2011 BTC. b were cast on Avalanche yesterday, nearly half of which went to BenQi

Analysis based on this information:


According to Dune Data, on March 2, Avalanche cast around 2011 new BTC.b, the highest number of castings in a single day. The total supply of BTC.b increased to 8572 on this day. Among these, around 1000 BTC.b contributed to the ecological lending market BenQi.

The interpretation of this message is that Avalanche, a well-known blockchain platform, has experienced a surge in its BTC.b castings, contributing significantly to the platform’s total supply of BTC.b. BTC.b is a type of digital asset designed to maintain a stable value of 1 (one) Bitcoin, and is issued by a decentralized network of crypto entities.

It is interesting to note that Avalanche’s BTC.b castings were the highest in a single day, which indicates that there is a growing interest in digital assets and blockchain technology in general. This is significant because it could lead to mainstream adoption of these technologies, encouraging more people to invest in digital assets, especially when BTC is experiencing a surge in its value.

Moreover, the fact that around 1000 BTC.b contributed to BenQi is noteworthy because it exemplifies the growing popularity of the ecological lending market in the digital space. BenQi is one of the prominent platforms in the lending market for cryptocurrencies, and its integration with Avalanche has enabled investors to lend and borrow cryptocurrencies in a decentralized manner.

Overall, this message highlights how blockchain technology and digital assets are gradually gaining acceptance and attention from mainstream investors. With the increasing adoption of these technologies, more stakeholders will be inclined to invest in cryptocurrencies and use blockchain for various other use cases, making blockchain a mainstream technology.

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