$ARB Airdrop Top Seller
An unusual transaction was spotted in the ARB/USDC Uniswap pool by 0x88e6. This wallet triggered the sale of 6250 $ARB tokens at a price of $10.27, resulting in a total profit of $64,187 and setting a record for the highest $ARB selling price.
The wallet in question was also the first to swap in the pool. This account interacted with the 0xd520 smart contract to claim and sell $ARB in a single transaction.
21 minutes later, triggered by a different EOA (0x07d5), 0x5205 sold an additional 10250 $ARB at an average price of $2, securing another $20.6k of profits. This time, the $ARB tokens came directly from 0x5205’s deployer - 0x3dca.
Analyzing 0x8ee6 and 0x07d5’s transaction history, only 1.4% were successful out of 1392 transactions. As for 0xd520, it had a 7.5% success rate on 67. Considering transactions dating back 31 days, the user may have been running tests in preparation for a day like this.
Following the trail sparked by 0x88e6, we arrive at 0x3dca, which seems to be the primary wallet behind the sale. It deployed the 0xd520 smart contract and was the final destination for all aggregated $USDC sale proceeds.
These findings make certain that 0x3dca used an automated strategy to claim and sell the airdrop, securing significant profits quickly.