On-chain data shows Arca received more than 14 million IMX and ENA tokens from Flowdesk and Binance, underscoring continued institutional movement into the digital asset sector.
On-chain analyst Yu Jin reported that Arca acquired 7.212 million IMX worth $6.16 million and 6.771 million ENA worth $4.54 million, totaling around $10.7 million. The transactions occurred within a six-hour window and were sourced from Flowdesk and Binance, highlighting institutional investor Arca’s expanding exposure to digital assets.