Arbitrum's Sequencer Fee Revenue: A $10M Illusion of Decentralization
Hook: The $10M Anomaly On chain data from Dune Analytics shows Arbitrum's...
Gaming
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CryptoWhale
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2026-07-08
#sequencer
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202615
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
18
03
unlock
Sui Token Unlock
Team and early investor shares released
08
04
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Solana Firedancer
Independent validator client goes live on mainnet
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05
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05
halving
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28
03
unlock
Arbitrum Token Unlock
92 million ARB released
30
04
upgrade
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Improves data availability sampling efficiency
22
03
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Optimism Unlock
Circulating supply increases by about 2%
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All →
1
Bitcoin
BTC
$75,664.8
1
Ethereum
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1
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$97.57
1
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$719
1
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1
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42
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🐋 Whale Tracker
🟢
0x943f...a7d0
30m ago
In
3,412,631 USDC
🟢
0x6849...7b3b
12m ago
In
1,623,395 USDT
🔴
0xcfcb...9a83
2m ago
Out
2,120 SOL
💡 Smart Money
0x08d9...8279
Market Maker
+$2.9M
90%
0x6af5...2c99
Institutional Custody
-$1.9M
68%
0xd418...1302
Experienced On-chain Trader
+$3.7M
74%