Arkham Launches Wallet Tracking for X Users with Over 100K Followers

Crypto analytics firm Arkham has introduced a new feature that allows users to track the wallets of X accounts with over 100,000 followers, expanding transparency in the digital asset space.

The firm announced the update on Saturday, March 8, labeling these high-profile users as “key opinion leaders” in the crypto industry.

With this addition, Arkham enables users to monitor the on-chain activity of major figures, including Ethereum co-founder Vitalik Buterin, BitMEX co-founder Arthur Hayes, crypto entrepreneur Justin Sun, and even U.S. President Donald Trump.

Arkham Identifies 950+ Crypto Wallets Linked to 1,000+ Entities

As of March 8, Arkham had compiled over 950 wallet addresses linked to more than 1,000 entities in the crypto sector.

“Influencers with more than 100K+ followers on Twitter/X are now tagged on Arkham with a new label: Key Opinion Leader,” the platform said.

Arkham has previously tracked significant market moves by prominent figures.

In January 2024, the platform identified Buterin selling approximately $2.5 million in meme coins, converting them into USDC and ETH to fund his biotech charity, Kanro.

In May 2024, Arkham revealed a Trump-linked wallet holding over $10 million, mainly in MAGA and ETH tokens.

BREAKING: Donald Trump now holds $10M in crypto

Donald Trump’s on-chain holdings surpassed $10 Million this morning, mainly fuelled by the rise in price of the $TRUMP coin – of which Trump currently holds $7.3M. pic.twitter.com/rkQi6SLvvG

— Arkham (@arkham) May 27, 2024

Arkham, founded in 2020, has built a reputation for its blockchain intelligence tools, helping users identify entities and individuals behind crypto market activities.

Its investors include notable names such as Bedrock, Draper Associates, Binance Labs, and Sam Altman.

Meanwhile, Arkham’s native token, ARKM, traded at $0.56 as of 12:54 p.m. ET (17:54 UTC) on March 8, marking a 2.49% decline over the past 24 hours, according to The Block’s Price Page.

Arkham Continues to Offer New Services

It is worth noting that Arkham has been expanding its range of services over the past year.

Last year, the platform launched spot trading on its exchange, offering spot and futures trading pairs, further integrating its trading services with its blockchain data dashboard.

In November, it also launched a cryptocurrency derivatives exchange, targeting retail traders and competing with existing platforms such as Binance.

The exchange operates under a license in the Dominican Republic, where Arkham is reportedly in the final stages of securing regulatory approval.

In 2023, Arkham also unveiled the Arkham Intel Exchange, which it called the world’s first on-chain “intelligence marketplace.”

The platform is expected to create a new way for people to share and trade blockchain-related intelligence, creating a new market and opportunity for on-chain researchers.

At the time, the company said there was a significant demand for on-chain analysis from various individuals such as traders, investors, journalists, researchers, and protocols.

It also noted that a growing community of talented on-chain researchers needs a platform that allows them to monetize their skills.