Crypto Currency Arkham: Market Overview and Recent Developments

The crypto currency Arkham, with a close price of $0.459413 as of July 31, 2025, has experienced significant fluctuations over the past year. Its 52-week high was recorded at $2.70129 on December 5, 2024, while the low was $0.367576 on June 21, 2025. The market capitalization stands at $104,264,665.663, reflecting its current standing in the crypto market.

Recent Market Movements and Insights

In a notable development, a long-dormant Bitcoin wallet, identified by the starting sequence “1c5Cb,” was emptied after holding over 300 Bitcoin for more than a decade. This transaction occurred as Bitcoin’s price dipped to a three-week low. Initially funded in 2013 via a CoinJoin address, the wallet’s contents have appreciated by 152,300%, amounting to a $34.8 million sum, given Bitcoin’s recent price below $114,000. This move is part of a broader trend where long-term holders are liquidating their assets, potentially signaling a correction phase in the Bitcoin market, as noted by on-chain data firm CryptoQuant.

Arkham’s Role in Market Analysis

Arkham Intelligence has been pivotal in providing insights into these market movements. Their analysis has been instrumental in understanding the dynamics of Bitcoin transactions and the broader implications for the crypto market. For instance, Arkham’s data was crucial in confirming the large-scale Bitcoin accumulation by Anchorage Digital, which added $1.19 billion in Bitcoin to support its stablecoin ambitions. This strategic move was executed discreetly across multiple wallets to minimize market impact.

Related Crypto Developments

In other crypto news, Ethena’s token, ENA, surged by 17% over a week, with Arkham data revealing that Arthur Hayes holds 7.76 million ENA, valued at $4.59 million. This holding indicates a strong long-term conviction in Ethena’s potential to reach a $1 valuation.

These developments highlight the dynamic nature of the crypto market, with Arkham Intelligence continuing to play a crucial role in providing data-driven insights. As the market evolves, stakeholders are closely monitoring these trends to navigate the opportunities and challenges ahead.