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Blast Shuts Down Layer 2, Directs Users to Recovery Site

The Defiant Bearish

Blast has shut down its Layer 2 network and is directing users to a recovery site. DefiLlama data shows bridge assets at about $6.51 million, roughly 84% below the level reported on Oct. 26. Traders should view the drop in bridged liquidity as a sign of users pulling funds from the chain.

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