ARKM Token Airdrop Madness: Nearly 60,000 Addresses Claim Millions
Portfolio Pulse from Murtuza Merchant
The recent Arkham (CRYPTO: ARKM) token airdrop saw approximately 59,700 addresses claim a total of around 27.9 million tokens. The top 2,000 addresses received a total of 10.4 million tokens, accounting for 37% of the total tokens distributed. Notable recipients of the airdrop included addresses associated with the ENS names thorhartvigsen.eth and onedayiwannaownapudgypenguin.eth. Most of the top recipients have sent most, if not all, of their tokens to an exchange, indicating a trend of selling the airdropped ARKM tokens.

July 20, 2023 | 5:21 pm
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An address associated with the ENS name thorhartvigsen.eth, which received ARKM tokens, made a test transaction to Binance (CRYPTO: BNB) by sending the full amount of ARKM tokens and received back 137,000 Tether (CRYPTO: USDT).
The news mentions a transaction involving Binance (BNB) and Tether (USDT), but it does not provide any information that would directly impact the price of BNB in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
An address associated with the ENS name thorhartvigsen.eth, which received ARKM tokens, made a test transaction to Binance (CRYPTO: BNB) by sending the full amount of ARKM tokens and received back 137,000 Tether (CRYPTO: USDT).
The news mentions a transaction involving Binance (BNB) and Tether (USDT), but it does not provide any information that would directly impact the price of USDT in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50