According to TechFlow, on July 20, according to monitoring by on-chain analyst Yu Jin, one hour ago, 304.5 million ARKM tokens belonging to the Arkham team (worth approximately US$487.24 million) were taken out of the vesting contract and transferred to Coinbase Prime, including 115.8 million ARKM (approximately US$185.28 million) belonging to Arkham CEO Miguel Morel.
According to an announcement released by Arkham on July 18, this operation is to meet tax and compliance requirements, and the team's tokens need to be taken out of the unlocking contract on the chain and transferred to Coinbase Prime for custody and monitoring. This means that the specific unlocking and transfer of these tokens cannot be viewed on the chain in the future.
In addition, the ARKM tokens owned by the team, investors and consultants entered a linear unlocking cycle starting from July 18, and the current daily unlocking volume is about 324,200 (worth about US$518,000).
