Spot ETF launch, Mt. Gox Bitcoin movements, as well as the recent $235M WazirX hack. We've also built a Trump-themed Arkham Dashboard, and share some reflections on the German Government's large BTC sales.
Let's get straight into this week's updates:
Updates
ALL ETH ETFS ARE NOW ON ARKHAM
We're pleased to share that we've identified the on-chain locations of all of the spot Ethereum ETFs which launched on Tuesday.
We are the first to publicly identify these addresses and have collected them into a list for you to track & monitor at your convenience.
Stay up to date with the ETH ETFs' on-chain activity through the Arkham Dashboard which contains all the data here.
Update: Mt. Gox Bitcoin Movements
Mt. Gox moved a total of $2.85B BTC to new wallets on Tuesday in order to distribute 5110 BTC ($340.1M) BTC to 4 separate Bitstamp addresses.
Bitstamp is one of the 5 exchanges that the Mt. Gox Trustee is working with to return funds to Mt. Gox creditors.
This follows a series of 4 small test transactions of $1 each which took place on Monday morning, signalling that more activity was likely imminent. Keep up to date with Mt. Gox's future distributions to creditors by tracking them on Arkham.
Dashboard: Track Donald Trump Related Memecoins on Arkham
We built an Arkham Dashboard to let users track many of the prominent EVM-based Trump-themed memecoins.
Traders have been speculating on these as a proxy for Trump's chances of success in the US Presidential Election this year, as well as on Trump's general popularity & around events relating to him/the Republican Party.
You can access the Dashboard on Arkham here (Note: Must be logged in!)
Research
Roundup: German Government Bitcoin Sales
The German Government sold 49,858 BTC for $2.89B - an average price of $57,900.
➤ With the sales of Bitcoin seized from Movie2K now completed, we plotted their sales on the above graph to let users compare their exit price to the present price of BTC.
➤ Think they sold too early? Or at the right time?
Hacked: WazirX Loses >$235M
WazirX, a prominent Indian exchange, was hacked last week for approximately $235M in tokens, including SHIB ($100M), ETH ($50M) and others.
➤ We created & funded a bounty to help the WazirX team identify/recover the stolen funds.
➤ The bounty was completed by ZachXBT, who submitted definitive evidence of a KYC-linked exchange deposit address used by the hackers.
➤ This has been forwarded to WazirX to help with their analysis.
Concluding Remarks
We hope you found this email insightful. As always, we welcome any feedback or suggestions you have for our team. Please feel free to respond to this email - we read every reply.
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