Over the past week, the same private wallet has been receiving repeated $STAR transfers from the same source address.
The latest distribution occurred 2 days ago, when newly minted $STAR was issued from the Null Address (0x000) to an intermediary wallet, which then distributed multiple batches to 3BLi137....
That wallet now holds 128.13M $STAR , valued at approximately $13M, making it one of the largest private STAR holders on-chain.
So far, there have been no exchange deposits or outgoing distributions from this wallet, suggesting the allocation is still being held.
Whether this is a treasury, ecosystem reserve, market maker, or another operational wallet remains unconfirmed, but it's certainly one of the most important STAR addresses to monitor going forward.
#star
The latest distribution occurred 2 days ago, when newly minted $STAR was issued from the Null Address (0x000) to an intermediary wallet, which then distributed multiple batches to 3BLi137....
That wallet now holds 128.13M $STAR , valued at approximately $13M, making it one of the largest private STAR holders on-chain.
So far, there have been no exchange deposits or outgoing distributions from this wallet, suggesting the allocation is still being held.
Whether this is a treasury, ecosystem reserve, market maker, or another operational wallet remains unconfirmed, but it's certainly one of the most important STAR addresses to monitor going forward.
#star