PANews reported on June 27 that according to Spot On Chain monitoring, shortly after the BLAST token was launched, Taiwanese singer Huang Licheng (machi big brother) exchanged 1,491 ETH (about 4.65 million US dollars) for 198 million BLAST at an average price of about US$0.023.

As the main depositor, he bridged 8,121 ETH and 5.62 million USDC to BLAST and received an airdrop of 2 million BLAST (US$55,400). He is now the largest retail holder of BLAST.