Arkham: EdgeX Airdrop Alleged to Have Nearly Half Flowing to Partners and LPs
Svmuu News Arkham posted on X platform, stating that approximately 69.5% of EdgeX's current supply is stored in addresses directly transferred from the initial developer wallets, some of which may belong to market makers and could potentially be moved to exchanges in the future. An additional 7% of the supply remains in the airdrop wallets and has not yet been distributed. It is estimated that the actual current circulating supply is only about 9.5%. EdgeX nominally airdropped approximately $195 million to users, but after being questioned by on-chain analysts, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, valued at about $94.6 million at current prices, accounting for nearly half of the total airdrop amount.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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