$RUNE Movement from Crypto.com

    in Thorchain, of course.

    Task

    • Show the in + outflow from cryto.com to native wallets over time.
    • Are there any trends?

    Method

    • The activity coming from these wallets was located using Flipside's flipside_prod_db.thorchain.transfers table.

    • The crypto.com deposit wallet is thor1ty6h2ll07fqfzumphp6kq3hm4ps28xlm2l6kd6

    • The crypto.com withdrawing wallet is thor179wpxmm5f7asaqwfwnnf8sn3rductlq3ywmrl0

    Analysis

    While it was active, 18 millions USD worth in Rune had been transferred natively.

    But the deposits towards Crypto.com deposit halted after November 29. When officially stopped supporting native rune deposits. Though there are a few made after, is mostly stopped from receiving more Rune deposits.

    • From the deposit wallets most of the transfers are directed to Crypto.com withdrawing wallet ´thor179wpxmm5f7asaqwfwnnf8sn3rductlq3ywmrl0´

    Lets see that wallet then

    • The activity coming towards the withdrawing wallet is mostly from Crypto's deposit wallet. Which makes sense considering that the only other official route would be the withdrawing wallet.

    In short

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    • Activity while not growing, has not been halted, in fact, just recently there was a spike coming out from the Crypto withdrawing wallet in native rune.

    There are two official crypto.com wallets, one used for native Rune deposits and the other for Native Rune withdrawals.

    • The deposit wallet stopped receiving native deposits around November, 29th.
    • The withdrawing wallet has maintained its native transfers throughout the year, with a recent increase in rune volume in mid June.
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