Thread by @TKVResearch

Yesterday, Vega Protocol's native token $VEGA was unlocked with a amount of 4M and sent to many multiple funds. Did they sell or still holding them?

This thread will cover how we quickly discovered the VEGA allocations through our all-in-one VCs dashboard on @DuneAnalytics.

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1. What is Vega protocol?

In short, Vega is a decentralized infrastructure that allows anyone to create products and markets, be a market maker, or trading.

They have backed by the best funds such as #Pantera #Coinbase #Arrington #Hashed #DelphiDigital #GSR and more.

2. How to discover vesting signals quickly?

We've created a Dune dashboard that track all changes in balances of 500 labeled funds. Thanks to this, we can immediately detect when there have been changes in $VEGA balance of a number of VCs last 24h.

Take a look at image below ⏬

2.

Searching "VEGA" in the box, it's easy to see that #Pantera, #Arrington, and #Gumi are the funds received $VEGA in this vesting period. Beside that, we can see overview look about top VC holdings of VEGA.

Continue to click the Nansen link to see their historical txs.

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3. Did they sell or still holding them?

#Gumi deposited all $VEGA to FalconX exchange.

#Pantera and #Arrington are currently still holding their VEGA in their wallets.

Previously, #Arrington had locked all VEGA they received into the Vega protocol. How about this time?

Thanks for reading, we hope this thread helpfully for you.

If you want to find out about the behavior of famous funds, bookmark our @DuneAnalytics Dashboard below.

dune.com/tk-research/an…