💫 It has been one week since the iconic $ARB airdrop took place! 🪂

❓VCs, whales, and airdrop hunters appear to have mixed feelings toward this icon airdrop event.

📝 Let us review quickly how they are doing with their investments and claims now

👉 More details: https://twitter.com/spotonchain/status/1641780709399625729

🚨🚨 2,693,961,178 $ARB (~$3.72B) were moved out of #Arbitrum vesting wallet 0x148440 and distributed to 145 addresses.

Address 0x7ff89e received the most at 72,428,835 $ARB ($99.95M), now the 8th largest holder.

The distribution process took place via middle wallet 0x1e7016. 4.17M $ARB (~$5.76M) remained undistributed in it.

Addresses
- Team ARB vesting contract: 0x148440E028565Db5f790fA3fbdbBcF0402A6a289
- Middle wallet: 0x1e7016f7c23859d097668c27b72c170ed7129a10
- Wallet the received the most: 0x7ff89e3c139a30fea7f0d0b079e0d17b95267137

🚨 340,000 $VELA ($1.68M) were minted on Apr 01 and moved to a DAO Dispere smart contract to distribute to 57 wallet addresses (probably to their investors).

✅ Address 0x6e7b4b received the least amount at 83.33 $VELA.

✅ Address 0x7db177 got the most at 83,333 $VELA. It used to receive the same amount on Mar 01 and Feb 01, making its holding 250K ($1.22M)

✅ some receivers have already swapped their tokens to ETH

Link: https://arbiscan.io/tx/0x9d937ea42a940fecfabac7e88d1270ca787c4eee2f27fff3e422b6f75c52ab88

Spreadsheet: https://docs.google.com/spreadsheets/d/129lI1npCRYXImP5IAlvBqon9nl6YDiM-UEvOocd06iA/edit?usp=sharing

🚨🚨 1/5 There are some FUDs about $ARB team has sold 50M $ARB, but from our on-chain data analysis, it is related to Market Maker activities

➡️ 40M $ARB was sent to 0xcce300c
➡️ 10M $ARB was sent to 0xba019c

Both wallets are linked to Wintermute, and 35.5M has been accumulated back to another well-known Wintermute at 0xdbf5e9c52

👉More details: https://twitter.com/spotonchain/status/1642560748470824962?s=20

🚨🚨 BlockTower Capital continued moving their vested 713,644 $YGG at $0.26 (~$187K) and 125M $RSR at $0.0014 (~$518K) to Binance on #Apr 02.

They still hold 998,740,001 RSR ($4.04M) and 72,974 $YGG ($18.2K)

👉 Their wallets: https://twitter.com/spotonchain/status/1642771197648830464

⭐ blurr.eth started to amass 707 $MKR using 475K $USDC in the past 18 hours after 2 years of no action.

✅ His average buying price was $671.85.

✅ Notably, he used to smartly earn 215.5 $ETH ($255K) during the stETH depeg in June 2022.

🤔 He finally decided to be back to the $MKR game now, not during the $MKR hype in early March this year. Might be worth watching!

Address: 0xef764bac8a438e7e498c2e5fccf0f174c3e3f8db

🚨🚨🚨Two gigantic whales transferred out a total of 1.57B $DOGE at $0.094 (~$147.4M) when $DOGE price surged after Elon Musk’s Twitter changed its logo to the meme coin.

⭐️ Whale DFGAac cleared out all of its 918M $DOGE ($86.6M)
✅ Used to rank #17
✅ Current balance: 0 $DOGE
✅ Realized profit: $15.8M

⭐️ Whale DDuXGM partly moved out 650M $DOGE ($61.3M)
✅ Still ranks #5
✅ Current balance: 3.79B $DOGE ($367M)
✅ Expected profit: $80.1M

They acted fast and just 3 mins apart from each other. $DOGE price fell to $0.09 subsequently before bouncing back to the current level of $0.095.

Addresses:
DFGAacQ6WtPxfQuf1Rz84f9YWsX3xUvPtf
DDuXGMFNGpGjaAqyDunSMvceMBruc1wwKF

🔥Wallet 0x35e3 gathered 9.02M $ARB at an avg price of $1.19 ($10.7M) within 10 hours:

⁃ Purchased 4.27M $ARB using 5M $USDC via #1inch
⁃ Received 4.75M $ARB from #Binance
⁃ Now holds 9.02M $ARB (~$10.6M)

🧐On the other hand, @ambergroup_io just moved all their remaining 509K $ARB at $1.19 ($606.7K) to #Binance

👉 Details: https://twitter.com/spotonchain/status/1643162425632624640

🚨🚨Whale 0x2eFB50 just cleared out 213B $SHIB to OKX and Coinbase at $0.0000112 12hours ago.

Additionally, it also moved 230B $SHIB to a middle wallet 0x66E092, from which:
- 17.9B $SHIB were transferred to #Binance ($204.6K)
- 15B $SHIB were transferred to #Coinbase ($171.3K)
- Average selling price: $0.0000114

💰Total outflow amount to CEX: 245.9B $SHIB ~ $2.76M

⚠️This whale may in possession of 25,276B $SHIB ~ $288.1M in 2 of its wallets.

0x2eFB50e952580f4ff32D8d2122853432bbF2E204
0x73AF3bcf944a6559933396c1577B257e2054D935

#Ethereum’s Shanghai Upgrade will occur on April 12 (a week from now). Below are some stats:

➡️ 18.1M $ETH ($34.3B) is staked currently (31.2% is under #LidoDAO)

➡️ Not all staked ETH will be available to be withdrawn at once. Estimated 50,400 $ETH ($95.7M) withdrawable per day

➡️ About 70% of stakers are underwater (in USD terms), will they sell at loss 🤔

➡️ $ETH price dropped 10% after The Merge in Sept 2022, will it happen again this time 🤔

Follow https://twitter.com/spotonchain for more on-chain signals about the upgrade.

🔥 Some VC and KOL recently resumed their $LDO activities ahead of the upcoming #Shanghai upgrade! 🔥

⭐️ Dragonfly Capital kept on moving another 191K $LDO at $2.56 (~$495K) to #Binance 10 hours ago
✅ They used to transfer 2M $LDO to OKX at $2.33 (~$4.67M) on Mar 23
✅ Their average buying price was at $1.6
✅ Still hold 20.95M $LDO ~ $53.2M across 4 wallets

⭐️ Rune (founder of MakerDao) restarted to swap 153K $LDO for 570 $MKR and 4.2 $WETH 14 hrs ago
✅ No new $LDO were purchased. Just received back 1.2M $LDO that he temporarily moved out to a middle wallet.
✅ The last $LDO-$MKR swapping happened on Mar 17 (19 days ago)

Addresses:
Dragonfly: 0x7D68a49754c55f1fB410F535f2b82a16f64481b6
RuneKek: 0x0f89D54B02ca570dE82F770D33c7B7Cf7b3C3394

With the ongoing hype #Arbitrum narrative, $GMX has become 🔥 than ever before. Let us review some of the top $GMX activites lately!

1. Address 0x426fc1
❗️ Re-amassed 12K $GMX using 526 $ETH (~$994K) on Apr 06 (18hrs ago)

2. Address 0x297903
❗️ Amassed 4.5K $GMX since Mar 07 at $74.3 (~$335K); just got 1.2K $GMX from #Binance at $80.2 (~$100K) on Apr 05
💰 Current holding: 8.6K $GMX (~$677K)

3. Address 0xde32e5
❗️ Amassed 61K $GMX at $76.6 (~$4.7M) on Apr 05 in mid wallet 0xdf42be -> Staked all
💰 Holds 108.7K $GMX (~$8.7M) -> expected profit of $400K

👉 More details: https://twitter.com/spotonchain/status/1644213451001327616

🚨🚨🚨 We spotted a whale that just amassed 1.88M $APE at $4.21 (~$7.9M) from #Coinbase 2 hours ago.

✅ It did so within seconds and then decided to stake all of the newly accumulated $APE.

👉 Link: 0x13e59dee4cfa12dd1e797f429ba190774a7645a7

🚨 A whale "peedan.eth" just swapped 627.084K $LDO to 1.46M $CRV ($1.5M) 8 hours ago.

➡️ The average swapping price was $2.4 per $LDO and $1.05 per $CRV

➡️ With this action, he cleared off all of the $LDO right before #Shanghai upgrade 🤔

➡️ For the above swap, he converted 168K $LDO directly to $CRV and the rest was swapped to $ETH before swapping to $CRV

➡️ Those $LDO was accumulated using 368 $stETH and 467 $WETH (~$1.5M) at $2.4 per $LDO on Apr 02

His Address: 0x509984Bfc0fb24E2d1377CFec224d3AfEc4c341E

We 🧐 a wallet that just re-accumulated 150,774 $LDO at $2.44 (~$368K) two hours ago.

The trader does not seem to hold the token long. He already did 3 trading cycles in the past and made $70K in total (8% return)

🚨 He just swapped out his last batch of $LDO yesterday and now bought again. Can’t miss the fun with the upcoming Shanghai?

👉 Address: 0x06ec05d785c420559466e18328c77db908d1c911

🚨🚨🚨A whale has swapped 8.67M $USDC to 289.34 $WBTC at an average price of $29,967 per $WBTC in just over an hour.

The last transaction happened only 15 mins ago. Accumulation may continue!

⚠️ $BTC price has reached $30K and is still on the rise too!

Link: https://etherscan.io/token/0x2260fac5e5542a773aa44fbcfedf7c193bc2c599?a=0x1e88ecea962cefbf3b51b9b82e0c5f17c5478ee0

We 🧐 that address 0x3dd1d1 has been the sending source of two large $ARB accumulation over the past 24 hours.

1️⃣ A whale gathered 1.08M $ARB at $1.18 per $ARB (~$1.28M) 15 hrs ago.

2️⃣ 13 new addresses suspiciously received a total of 11.07M $ARB at $1.18 per token (~$13.12M) around the same time ~ 15 hours ago. Anyhow one gigantic whale is behind this accumulation?

⚠️ The sending party was address 0x3dd1d1, which is argued to be either a MM or an exchange. Refer to our old tweet about it here.

👉 More details: https://twitter.com/spotonchain/status/1645701705038991361

🤔🤔 We detected $BLUR smart traders start buying $BLUR again.

0x8129d4010a676a660502a4770d8a97f8d1788e5f
- Made a $551K profit in the past
- Start accumulating back $BLUR 15 days ago, the latest transaction was just 13 hours ago
- Total amount 1.46M at avg price $0.547 (hold all in two wallets)

0x494a95b3bc27f61d65eb6bdec8da6ec674bd69f7
- Made a $249K profit in the past
- Just swapped 100K $USDC to 171,777 $BLUR yesterday at avg price $0.58 (no action in the past 36 days)

🔥🔥#Shanghai upgrade is less than 24 hours

➡️ It happens at block 194,048
➡️ Estimated time: 10:30PM UTC 12 Apr 2023

Do check out the important stats in our previous tweet https://twitter.com/spotonchain/status/1643640198222454785?s=20

A trader just smartly cleared off a large amount of #LSD tokens and earned $1.66M in total right before today’s dump

➡️ Swapped 1.536M $LDO to $ETH at $2.33 per $LDO
💰Profit: ~$1M
➡️ Swapped 65,352 $RPL to $ETH at $44.49 per $RPL
💰Profit: ~$661K
➡️ He was early investor and strong holder (1 year ++) of both $LDO and $RPL

👉 More details: https://twitter.com/spotonchain/status/1646006850608050177