Arkham: EdgeX airdrops allegedly went nearly half to partners and limited partners.

Arkham stated on the X platform that approximately 69.5% of EdgeX's supply is currently stored in addresses directly transferred from the initial developer wallets, 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 wallets, suggesting a current actual circulating supply of only about 9.5%. While EdgeX nominally airdropped approximately $195 million to users, after on-chain analysts questioned this, the project team admitted that 14% of the total supply was actually allocated to partners and liquidity providers, valued at approximately $94.6 million at the current valuation, almost half of the total airdrop.