Arbitrum airdrop attracts massive participation and trading frenzy.
TL;DR Summary
On-chain activity shows that 1,496 wallets consolidated tokens worth around $3.3 million collectively from the Arbitrum (ARB) airdrop into two wallets. One wallet received $2 million in ARB, while another collected around $1.38 million worth of tokens. The addresses have been described as two "super airdrop hunters," with some community members speculating that they may be team members of the project or hackers. The ARB airdrop hype has also made its way to OTC markets, with eligible users selling tokens.
- Arbitrum airdrop sees 1,500 addresses consolidate $3.3M into two wallets Cointelegraph
- Arbitrum's ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop CoinDesk
- Arbitrum (ARB) Daily Transactions Pump to All-Time High as Ethereum (ETH) Scaling Solution Launches Airdrop The Daily Hodl
- Arbitrum airdrop: Hacked vanity addresses used to siphon $500K Cointelegraph
- Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop CoinDesk
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