Arkham Ecosystem Fund Wallet Transfers $9.86M To A New Address
Key Points:
- Arkham Ecosystem Fund wallet transferred 25.73M $ARKM.
- A test transaction of 20 $ARKM went to a suspected Wintermute address.
- Wintermute deposited 6.65M $ARKM into Binance in 2 days.
Arkham Ecosystem Fund wallet moved 25.73M $ARKM ($9.86M) to a new wallet, followed by 20 $ARKM to ‘0xC9’ suspected as Wintermute’s Binance deposit. Wintermute deposited 6.65M $ARKM ($2.54M) in 2 days.
Arkham Ecosystem Fund Wallet’s Moves
A recent report by Lookonchain revealed that the Arkham Ecosystem Fund wallet underwent significant transactions. The wallet transferred a whopping 25.73 million $ARKM, equivalent to $9.86 million, to a new wallet.
However, the intrigue deepened as a subsequent transfer of just 20 $ARKM took place, potentially a test transaction, to a suspected Wintermute deposit address “0xC9,” all within a mere 7-hour timeframe.
The transfers raised questions, especially concerning the involvement of Wintermute. It appears that Wintermute has been actively using the Binance deposit address “0xC9” lately. Over the past two days, Wintermute has deposited a total of 6.65 million $ARKM tokens, amounting to $2.54 million, into Binance.
Arkham has recently announced its support for the Flare network, granting users the ability to access comprehensive data on their transactions, token portfolios, and on-chain activities directly through Arkham Intelligence Platform.
DISCLAIMER:Â The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Author
Analysis
Arkham Ecosystem Fund Wallet Transfers $9.86M To A New Address
Key Points:
- Arkham Ecosystem Fund wallet transferred 25.73M $ARKM.
- A test transaction of 20 $ARKM went to a suspected Wintermute address.
- Wintermute deposited 6.65M $ARKM into Binance in 2 days.
Arkham Ecosystem Fund wallet moved 25.73M $ARKM ($9.86M) to a new wallet, followed by 20 $ARKM to ‘0xC9’ suspected as Wintermute’s Binance deposit. Wintermute deposited 6.65M $ARKM ($2.54M) in 2 days.
Arkham Ecosystem Fund Wallet’s Moves
A recent report by Lookonchain revealed that the Arkham Ecosystem Fund wallet underwent significant transactions. The wallet transferred a whopping 25.73 million $ARKM, equivalent to $9.86 million, to a new wallet.
However, the intrigue deepened as a subsequent transfer of just 20 $ARKM took place, potentially a test transaction, to a suspected Wintermute deposit address “0xC9,” all within a mere 7-hour timeframe.
The transfers raised questions, especially concerning the involvement of Wintermute. It appears that Wintermute has been actively using the Binance deposit address “0xC9” lately. Over the past two days, Wintermute has deposited a total of 6.65 million $ARKM tokens, amounting to $2.54 million, into Binance.
Arkham has recently announced its support for the Flare network, granting users the ability to access comprehensive data on their transactions, token portfolios, and on-chain activities directly through Arkham Intelligence Platform.
DISCLAIMER:Â The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Other Posts
Related Posts
Latest
China Securities Official Ousted Amid Virtual Currency Misconduct Allegations
21Shares Unveils Exciting Staking Feature for Ethereum Core Staking ETP
Grab $TICS at $0.023 Before It Jumps to $0.25—Best Altcoin to Buy Now Amid Bitcoin Cash’s Upgrade and Render’s $10 Breakout Potential!
Press Release
Grab $TICS at $0.023 Before It Jumps to $0.25—Best Altcoin to Buy Now Amid Bitcoin Cash’s Upgrade and Render’s $10 Breakout Potential!
Which Cryptocurrencies Have the Most Growth Potential? Best 10 Crypto Coins to Buy in November 2024!
