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.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
CRI (Crypto International) Project Analysis and Market Status
-
2
SK hynix in talks with Intel over potential US memory production agreement
-
3
Fetch.ai (FET) Token Analysis: Project Status and Investment Considerations
-
4
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
-
5
Anthropic, after calling for an AI slowdown, has signed its first data center lease in Australia, planning a total capacity of 2.16 GW.
-
6
Nikkei: Japan's MUFG Bank to Introduce Guidelines for Financing Defense Industry
-
7
COB Token: The Rise, Fall, and Current Status of Cobinhood Exchange's Token
-
8
Zhipu AI's CoWork business in China is progressing rapidly, with industry orders exceeding 1 billion yuan within one month of GLM-5.3's release.
-
9
XLM Price Analysis: Stellar Lumens' Positioning, Progress, and Market Outlook
-
10
XRP Outlook: Founder Background and Market Prospects
Markets Today
Recommended Reading







