Disclosure of Justin Bieber's Crypto Assets: Analysis by Arkham Specialists
Date: 2024-04-26 Author: Henry Casey Categories: IN WORLD
The analytical platform Arkham Intelligence has disclosed information about a crypto wallet belonging to the famous Canadian musician and songwriter Justin Bieber.
Millions of dollars worth of NFT investments
Experts note that in 2022, Bieber acquired several significant non-fungible tokens (NFTs) worth more than $2 million. These investments include NFTs from the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club, World of Women, Doodles, Otherdeed collections and Metacard.
Estimation of losses and current value of assets
Over two years, the value of most acquired assets has fallen by more than 90%, the total value of NFTs now barely exceeds $100,000. In addition, the musician’s crypto wallet contains 146.47 ETH and 12,136 ApeCoin (APE) tokens, valued at approximately $473,000.
Other transactions and their chronology
In addition to investing in NFTs and large positions in Ethereum and ApeCoin, Bieber has conducted several other transactions, including the withdrawal of a small number of ROCKI tokens from the MEXC exchange in late 2021.
Arkham Intelligence previously identified addresses belonging to the governments of the UK and the United States, as well as Bitcoin ETF addresses belonging to former US President Donald Trump and Tesla.
Through the Arkham platform, the assets and transactions of various individuals and organizations can be tracked, providing unique information for analytics and investment decisions.
