@w3cmx
Every week hundreds of millions cross into Base via bridges.
Over 2 years, the net result: $146M.
Most weeks the money comes in and goes right back out.
But twice, something different happened.
Sep 29, 2025 — $465M arrived from just 453 wallets.
They didn't trade. DEX volume was completely normal.
Capital arrived, sat down, and waited.
Apr 13, 2026 — $193M from 121 wallets.
Even fewer people, even larger positions.
4 days later Circle officially launched the USDC Bridge.
Retail follows news. Institutions front-run it.
Full story 👇
https://dune.com/w3cmx/base-did-the-money-lead-or-follow
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