Arkham has revealed details of its EdgeX airdrop, initially valued at approximately $195 million. However, on-chain analysis has shown that 14% of the total supply, worth about $94.6 million, was allocated to partners and liquidity providers. This allocation represents nearly half of the total airdrop amount.
Furthermore, Arkham disclosed that 69.5% of the tokens remain in developer-associated wallets, with an additional 7% yet to be distributed. Consequently, the actual circulating supply of EdgeX tokens is currently only around 9.5%.
Arkham's EdgeX Airdrop: 14% Allocated to Partners, Only 9.5% Circulating
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