Arkham Ecosystem Fund Wallet Transfers $9.86M To A New Address

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.

Address: 0xBbB09cFac14B698D7590398a6536e1e1c533bC3b

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.

Address: 0xfF3EE74bCfEcb4e8F83932Da66C7F0AEEE14E791

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.

Source: Lookonchain

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.

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