According to on-chain analyst Ai Yi, the Stable Phase II pre-deposit progress is more than halfway complete. Within 25 minutes of opening deposits, 242 million USDC had been successfully deposited, nearly half, with a large number of transactions still pending. The first deposit address, 0xba6...8a2dB, took 11 seconds and paid a $243 miner fee to successfully deposit 98,998.5 USDC, almost reaching the maximum limit (100,000 USDC). To avoid being targeted by Sybil attacks, most funds were transferred from exchanges. However, the first 20 small deposit addresses all followed the pattern of "OKX withdrawing a small amount of ETH + Bybit withdrawing USDC," and the preparation and deposit times were extremely close.