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304.50 million ARKMs belonging to the Arkham team were transferred to Coinbase Prime an hour ago

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2024-07-20 14:06:52
According to on-chain analyst Ember monitoring, an hour ago, 304.50 million ARKM tokens (worth about $487.24 million) belonging to the Arkham team were taken out of the vesting contract and transferred to Coinbase Prime. According to the announcement released by Arkham on July 18, this operation is for tax payment and compliance, and the tokens belonging to the team need to be taken out of the on-chain unlocking contract and transferred to Coinbase Prime for custody/monitoring (which also means that there is no way to check the specific unlocking/transfer of these tokens on the chain later).
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