Data shows that blockchain analysis platform Arkham Intelligence appears to have gained more than 490,000 new followers on X in one day, but there does not seem to be any fundamental catalyst or announcement that could have triggered this event. In addition, most of these new fans are likely just robots, not real people.
It is worth mentioning that just last week, two suspects were accused of stealing more than $230 million worth of cryptocurrency, and the case went viral. The case was discovered by ZachXBT, which regularly uses the Arkham platform to investigate on-chain fund flows.
Some other reasons this week may also have led to a surge in the number of ArkhamX fans, such as its first public disclosure of the Kingdom of Bhutan’s BTC holdings and regular updates on noteworthy on-chain activities. At the same time, Arkham’s native token ARKM rose by more than 16% in a week. (The Block)