Rally

Solana

Arbitrum

April

The source of this rally is being questioned after the pump that suddenly took Arbitrum (ARB) from $1.15 to $1.44, an increase of approximately 25%. 
After the climb to $1.44, the ARB price experienced a decline and is trading at $1.34 at the time of writing, but it is still at a significantly higher level than the initial level. 
<img decoding="async" class="alignnone size-full wp-image-129953" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/12/ARBUSDT_2023-12-23_12-26-17.png" alt="" width="1342" height="792"> 
It turned out that Amber Group and a huge whale with the short name 0x0db had accumulated ARB before this sudden price increase. 
Whale 0x0db attracted 2.91 million ARBs from OKX, equivalent to $3.53 million at a price of $1.21 per ARB. This is not the first time the whale has traded ARB on OKX. Whale made a profit of $913,000 (+42%) on 1.85 million ARB trades on OKX between April 10-15, 2023. 
Currently the 0x0db whale holds 4.15 million ARB worth $5.62 million with a floating gain of $924,000 (+19.5%). 
Related News: <a href="https://en.bitcoinsistemi.com/impressive-rally-keeps-going-in-solana-sol-how-much-does-ftx-have-left-can-it-sell-and-affect-the-market/" target="_blank" rel="dofollow">Impressive Rally Keeps Going in Solana (SOL): How Much Does FTX Have Left? Can it Sell and Affect the Market?</a> 
Amber Group, known by the address 0x011, has accumulated 6.41 million ARB worth $7.58 million from Binance since November 17 at an average price of $1.18. Notably, the company's last ARB accumulation involved withdrawing 151 million ARB ($2.07 million) from cryptocurrency exchange Binance at $1,372 on December 22, 2023 at 21:45. The company's floating earnings from ARB are at $1.07 million (+14.2%). 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/two-whales-make-noteworthy-transactions-ahead-of-arbitrums-last-pump/">Two Whales Make Noteworthy Transactions Ahead of Arbitrum’s Last Pump</a>

Two Whales Make Noteworthy Transactions Ahead of Arbitrum’s Last Pump

Bitcoin Sistemi EN

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