Binance Wallet’s SpaceX IPO Subscription Draws $557M From Nearly 28,000 Addresses

According to Dune data, Binance Wallet’s SpaceX IPO subscription campaign attracted approximately $557 million from 27,689 addresses, highlighting broad participation from investors of varying sizes.

While addresses contributing $20,000 or less accounted for 81.48% of all participants, they represented only 18.39% of the total funds raised. In contrast, contributors investing between $20,000 and $100,000 made up 16.69% of participants but supplied the largest share of capital, accounting for 57.67% of the total subscription amount.

Meanwhile, larger investors also played a notable role. A total of 114 addresses contributed $500,000 or more, collectively providing 10.23% of the overall funds subscribed.

Source: Dune