An Early Arbitrum (ARB) Investor May Dump Their Holdings Soon
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An Early Arbitrum (ARB) Investor May Dump Their Holdings Soon

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1 year ago

Lookonchain shared that an ARB whale transferred all of his ARB holdings to Binance yesterday evening. Read more on CE.

An Early Arbitrum (ARB) Investor May Dump Their Holdings Soon
  • Lookonchain tweeted yesterday that an ARB whale transferred all of his holdings to Binance.
  • According to the tweet, the whale was the largest ARB buyer on its listing day.
  • In related news, the price of ARB is trading at $1.63 at press time.
The blockchain tracking firm, Lookonchain (@lookonchain), tweeted yesterday evening that the largest buyer of Arbitrum (ARB) on the first day of listing recently transferred all of his ARB to Binance. According to the tweet, the ARB whale transferred 9.94 million ARB, which was worth approximately $17 million, to Binance yesterday evening.
At press time, the altcoin’s price is down 1.15% according to CoinMarketCap. As a result, ARB’s price is currently trading at $1.63. This 24-hour loss has had a negligible effect on ARB’s weekly price performance, as ARB’s price remains in the green by more than 40% over the past 7 days.

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