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Delphi Says Airdrop Model Is Failing as Up to 94% of Wallets Dump Tokens

2026-06-08 14:41:08

Delphi Digital said 78% to 94% of recipient wallets across six major tokens sold most of their allocation within 90 days. The research firm tracked 3.7 million wallets over five years. Delphi Digital said fake wallet costs are falling and cited Arbitrum as an example of failed acquisition math.

ARB-2.96%

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