Data: About 2.7 billion ARBs transferred from Arbitrum-attributed addresses, this distribution may belong to teams and advisors

04/01 06:25

According to Spot On Chain monitoring data, approximately 2.7 billion ARBs (approximately $3.72 billion) have been transferred from Arbitrum-attributed addresses and distributed to 145 addresses. The distribution process took place through intermediate wallets and there are still 4.17 million ARBs (~$5.76 million) still to be distributed. The distribution may belong to the Offchain Labs team and advisors, as previously 26.94% of the total initial supply (2,694 million) was allocated to them according to Arbitrum's published token economy model.

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