The EdgeX airdrop has been accused of sending nearly half of its supply to partners and limited partners (LPs), with the actual circulating supply being only about 9.5%.

PANews reported on April 1st that, according to Arkham, EdgeX nominally airdropped approximately $195 million to users. However, after on-chain analysts questioned this, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, equivalent to approximately $94.6 million at the current valuation, almost half of the total airdrop. Currently, about 69.5% of EdgeX's supply is stored in addresses directly transferred from the initial developer wallet, some of which may belong to market makers and could be transferred to exchanges in the future. Another 7% of the supply remains unallocated in the airdrop wallet, suggesting that the current actual circulating supply is only about 9.5%.

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Author: PA一线

This content is for market information only and is not investment advice.

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