Stable's recent $825 million pre-deposit sale has sparked controversy due to its perceived favoritism towards large investors. The sale, which was announced to open at 09:10, saw early deposits at 08:48, raising concerns about fairness. A single whale or institution reportedly secured $500 million, accounting for 60.6% of the total allocation, distributed across nine addresses. Only 274 addresses successfully participated in the sale, highlighting the dominance of large players. The situation poses a public relations challenge for the team as they navigate the backlash from smaller investors.
Stable's $825 Million Pre-Deposit Sale Faces Criticism for Favoring Whales
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