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Arkham: Nearly Half of EdgeX Airdropped Tokens Allocated to Partners and LP, Actual Circulating Supply Only Around 9.5%

2 hours ago

On April 1, Arkham revealed that EdgeX had nominally airdropped approximately $195 million to users. However, following questions from on-chain analysts, the project team admitted that 14% of the total token supply—valued at roughly $94.6 million based on current valuations—was actually allocated to partners and liquidity providers, nearly half the total airdrop amount. Arkham also noted that around 69.5% of tokens remain in developer-related wallets, with an additional 7% undistributed, meaning the current actual circulation rate is only about 9.5%.
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Yesterday, the US Bitcoin spot ETF saw a net inflow of $1.175 billion, while the Ethereum ETF saw a net inflow of $31.2 million.

On April 1, Farside Investors reported that U.S. Bitcoin spot ETFs saw a net inflow of $117.5 million yesterday, broken down as follows: - BlackRock IBIT: +$98.4M - Fidelity FBTC: +$16.2M - Bitwise BITB: +$1.8M - ARK ARKB: +$1.1M Additionally, U.S. Ethereum spot ETFs recorded a net inflow of $31.2 million yesterday, with details: - BlackRock ETHA: +$24.7M - BlackRock ETHB: +$1.1M - Fidelity FETH: +$1.6M - Bitwise ETHW: +$1.2M - 21Shares TETH: +$2.6M

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SIREN Whale Address holding 645 million SIREN tokens conducted a flash swap transaction half an hour ago

April 1st: On-chain data analyst Yu Jin reported that a SIREN on-chain manipulation address spent 144,000 USDT half an hour ago to buy back 500,000 SIREN tokens at $0.288 each. Half a month earlier, the same address sold 500,000 SIREN at $0.947 per token, netting 473,000 USDT. After today’s price drop, its 144,000 USDT buyback has yielded a profit of 329,000 USDT while holding the same amount of controlled tokens. The address still holds 645 million SIREN tokens, currently valued at $155 million—down from $1.44 billion just a week ago.

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Tom Lee: Market has digested over 90% of the selling pressure, with equities typically bottoming during the last 10% phase of a war rally

On April 1, Tom Lee told CNBC in an interview that he believes the market has already absorbed 90-95% of selling pressure, the selling cycle may have ended, and rebuilding can now begin. He emphasized that stocks typically bottom out early in wartime environments: “We’ve studied every war since 1900, and markets tend to hit a bottom within the first 10% of the conflict’s duration. If this follows that pattern, we’re in the early stages now.” Right now, any negative news can spark risk-off moves—this is why position sizing matters, he added. “At some point, if investors grow too neutral, the market could stage a V-shaped rebound even if conditions aren’t that dire.” Lee also noted on social media that even if a bottom hasn’t been hit yet, he thinks the U.S. economy can handle $100 or even $120 oil.

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South Korea's KOSPI Index Soars 7% Intraday, Now at 5407.10 Points

April 1: South Korea’s KOSPI index surges 7% intraday, currently at 5,407.10 points, per Bitget data.

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The Cosmos Ecosystem UX Chain will be gradually paused and is expected to fully shut down by May 15.

On April 1, UX Chain—a lending blockchain in the Cosmos ecosystem—officially announced it will gradually suspend operations. Users must close out all open positions before the platform’s full liquidation process kicks off on April 30. The protocol is expected to be fully shut down by May 15. UX reserves and the treasury will cover the protocol’s funding gap.

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Bithumb Lists Venice Token (VVV)

Per official sources, Bithumb has listed Venice Token (VVV) for trading as of April 1, with support for KRW trading pairs.

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