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Kelsier Ventures LIBRA Addresses Fell From $300M to $2M, Arkham Says

Arkham said it identified more than 1,000 addresses belonging to Kelsier Ventures (Hayden Davis) in February 2025 and published the full set for the first time. The addresses held nearly $300 million in crypto assets at the time, mainly LIBRA tokens. That value has now fallen to $2 million.

Original source

AI take

Arkham's disclosure turns a previously opaque on-chain footprint into a public, auditable record, which matters most for counterparties and anyone tracking how the LIBRA episode's holdings were structured. The near-total erosion of value is the headline fact, but the more consequential detail is that a named cluster of addresses is now permanently visible, making future movements traceable in a way they were not before. Whether that transparency produces any accountability, or simply documents a completed unwind, is the open question.

Generated by AI for reference only.

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