Ever wondered how prominent crypto billionaires and trading moguls are navigating the market? The altcoins they are trading, their activity in DeFi protocols, and the strategies they implement to grow their wealth?

On-chain data sheds light on how the wealthiest individuals in the crypto market behave. Hence, it provides valuable insights into their investment strategies, risk management, and lucrative opportunities.

Andrew Kang: Crypto Billionaire Instincts

Andrew Kang makes it to the crypto billionaires list. He is one of the founders of Mechanism Capital and boasts a net worth of more than $200 million. As a result, insights into his on-chain strategies can be gleaned by tracking his public wallet address.

Kang made a significant initial purchase of 795,120 ARB tokens worth nearly $1 million on April 4. Subsequently, he bought 816,010 and 693,120 ARB worth around $1.84 million on April 5.

Before Arbitrum Foundation unveiled two new governance proposals on April 6, Kang had acquired 2.31 million ARB tokens. Then, he sold all his ARB holdings on April 19, generating an impressive 40% return on investment.

Lafa: Investing in Solidly and Ve(3,3
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