Data: 2.694 billion ARB tokens were transferred to around 140 EOA addresses two days ago, which were supposed to be subject to a 4-year lock-up restriction.

2023-04-03 08:31
According to Lookonchain data on April 3, 26.94 billion ARB tokens were transferred and distributed to approximately 140 EOA addresses, starting with the address 0x1e70, two days ago. This amount of ARB tokens should be allocated to Offchain Labs team, future team, and advisors (26.94%), but this portion of tokens should have a lock-up period of 4 years. Lookonchain also stated that the address starting with 0x8d45 has transferred 22.56 million ARB tokens (equivalent to about 28 million US dollars) to Coinbase after receiving ARB tokens. Although other addresses have not made any transfer operations, the received ARB tokens can be sold on trading platforms at any time without code limitations. Note: According to the Medium article "ARBITRUM: THE NEXT PHASE OF DECENTRALIZATION" published by Arbitrum on March 16, all investor and team tokens (totaling 54.47%) will have a lock-up period of 4 years, with the first unlocking occurring within one year and subsequent monthly linear unlocking within the remaining three years.
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