flipside

    Try Quests to earn cryptoTry Quests to earn crypto
    Share

    Algo-31.Algorand Foundation New CEO Staci Warden

    -- Question 31: Algorand Foundation appointed a new CEO Staci Warden on February 10th 2022. How did this impact the Algorand ecosystem? -- The week following announcement did we see an increase of ALGOs being moved from CEXs(centralized exchanges) to wallets? -- Or did we see an increase of ALGOs being moved from wallets back to CEXs? -- Tips: Use the labels table to look at addresses labelled as CEXs

    Methodology

    • Find all cex labels from algorand.labels
    • Select all transactions from cex to Algo wallet after '2022-02-10'
    • Select all transactions to cex from Algo wallet after '2022-02-10'
    • Combine and plot them.

    Daily Algos Transferred To and From CEX

    • Seems like there is not much difference in Algos being transferred To and From the CEX
    • Feb 11 saw about 31.6M Algos being transferred to a CEX vs 22.7M Algos being transferred from a CEX, which accounts for 58% to CEX vs 41% from CEX.
    • The highest was Mar 3, 2022, where 47.75M Algos were transferred to a CEX vs 30M Algos were transferred from a CEX.
    • Cumulatively 406M Algos were transferred From CEX and 395M were transferred to a CEX since 10 Feb, 2022.
    Loading...
    Loading...
    Loading...

    Conclusion

    • Overall we don't see any change in Algos being transferred to or from CEX with the new CEO, therefore there is no change.