According to Odaily, blockchain analyst @ai_9684xtpa reported that last Friday (07.19), Solv Protocol and Babylon jointly opened an early staking quota of 500 BTC, which was fully subscribed within just two minutes. Notably, two major investors accounted for 299 BTC of the total, with a combined staking value of $19.15 million.

One significant investor, identified as 0x6be…9fdFC, staked 196.038 BTC, valued at $12.57 million. Another large investor, also identified as 0x6be…9fdFC, staked 103.016 BTC, valued at $6.58 million.