On-Chain Alert: Arca Receives 7.212M IMX ($6.16M) From Flowdesk and Binance, Says Yu Jin

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COINOTAG reported on September 20 that, according to on‑chain analyst Yu Jin, the wallet address of digital asset investment firm Arca received 7.212 million IMX (approximately USD 6.16 million) and 6.771 million ENA (approximately USD 4.54 million) from counterparties Flowdesk and Binance, timestamped about six hours prior to the report. On‑chain records corroborate the transfer amounts and associated transaction hashes are accessible via public block explorers.

These verified transfers illustrate the value of on‑chain monitoring for tracing institutional token flows; transparent ledger entries enable market participants and auditors to confirm transaction details and USD‑equivalent valuations without asserting counterparty intent or strategy.

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Source: https://en.coinotag.com/breakingnews/on-chain-alert-arca-receives-7-212m-imx-6-16m-from-flowdesk-and-binance-says-yu-jin/