Arkham Intelligence launches new tag to track crypto influencers wallets
Arkham Intelligence launches new tag to track crypto influencers wallets
Blockchain analytics platform Arkham Intelligence has introduced a new tagging system to help users track the cryptocurrency holdings of prominent crypto influencers on X (formerly known as Twitter).
Key Takeaways
- Arkham Intelligence introduces a "Key Opinion Leader" tag for crypto influencers with 100K+ followers on X.
- The platform tracks and compiles wallets of notable figures like Justin Sun, Vitalik Buterin, and Donald Trump.
- Justin Sun holds $590 million in crypto, mainly in Tron, while Vitalik Buterin has $523 million in Ethereum.
- The tool offers greater transparency and helps users track influencers' assets for market insights.
The "Key Opinion Leader" (KOL) tag identifies crypto figures with more than 100,000 followers, streamlining the process of tracking their wallets. As of March 8, Arkham has compiled approximately 950 wallet addresses from over 1,000 entries, including influential figures like Justin Sun, Vitalik Buterin, and even former President Donald Trump.
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Leading influencers and their crypto holdings
The new tool allows users to monitor the crypto holdings of high-profile figures in the industry. Tron founder Justin Sun, with nearly 4 million followers, tops the list with over $590 million in digital assets, largely held in Tron. Vitalik Buterin, Ethereum's co-founder, follows with $523 million in Ethereum and roughly 5.7 million followers. Other notable figures include Hong Qi Yu, founder of Tokenize Xchange, who holds over $28 million in crypto, and Arthur Hayes, the Bitmex founder with around $18 million in assets.
The introduction of this feature is part of Arkham’s broader initiative to provide insights into the cryptocurrency market, helping users identify potential market movements by monitoring transactions of well-known figures. In the past, Arkham has tracked key figures such as Buterin’s $2.5 million liquidation of meme coins for charity and Trump’s crypto assets worth $10 million.
Arkham price. Source: СoinGecko.
Implications for crypto market tracking
This new tagging system could prove invaluable to investors and traders who seek to predict market movements based on the activities of influential figures in the cryptocurrency space. As more individuals turn to blockchain analytics to make informed decisions, tools like the KOL tag could help bring greater transparency to the rapidly evolving digital asset market.
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