Arkham moved 304.5M ARKM to Coinbase Prime for tax and regulatory compliance

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Jul 20, 13:06

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Arkham moved 304.5M ARKM to Coinbase Prime for tax and regulatory compliance

Related addresses

Arkham: Vesting Reclaimer 0x240

Total tokens transferred

304.527M

ARKM

Related transactions

Arkham: Vesting Reclaimer 0x240

Coinbase Prime deposit

Jul 20, 13:02

The Arkham: Vesting Reclaimer 0x240 just deposited 304.53M ARKM ($487.24M) to Coinbase Prime:

transaction: 0x462a2b9acebaa621b164d1bff8355448b8557efe36da5d3ee27f2b350a81cd60
address: 0x240da4f8da8467bf7f61dd2df420b16fa5102265

Notably, Arkham's July 18 announcement stated that the team's vesting tokens must be removed from the on-chain lock contract and transferred to Coinbase Prime for tax and regulatory compliance. Consequently, the specific unlocking status of these tokens will no longer be viewable on-chain.

Furthermore, the team/investors/advisors' ARKM entered a linear unlocking cycle on July 18, 2024. These three parts' current daily unlocking volume is approximately 324,200 ARKM ($0.52M).

Fig 1. Arkham transferred 304.53M ARKM ($487.24M) to Coinbase Prime for tax and regulatory compliance.

Fig 2. The price chart of the transfer.

Fig 3. Arkham's official announcement on X (formerly Twitter).

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#coinbase

#tax

#regulatory compliance

#unlock

#team

#investor

#advisor

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Arkham moved 304.5 ARKM to Coinbase Prime for tax and regulatory compliance

Last synced: Jul 20, 13:07

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