Ethereum

Arbitrum

Identity

Bitcoin

when

Arbitrum (ARB) price has experienced a significant decline of 11% in the last 12 hours. This decline coincides with a period when the market was declining and a major unlocking event was taking place in the altcoin.
Following this incident, six wallets that received tokens from recently unlocked vesting contracts deposited 8.95 million ARB to Binance, equivalent to $16.4 million. Despite this significant deposit, these wallets continue to hold the considerable sum of 32.95 million ARB worth $56.7 million.
In another notable development, the whale with short wallet address 0xc99 deposited the last 3 million ARB worth $4.97 million to Binance at a price of $1.65 per token. This whale is not one of those who received unlocked tokens.
Related News: <a href="https://en.bitcoinsistemi.com/analysis-company-reveals-identity-of-wallet-that-continuously-purchases-bitcoin-at-100-by-100/" target="_blank" rel="noopener noreferrer nofollow">Analysis Company Reveals Identity of Wallet That Continuously Purchases Bitcoin at 100 by 100</a>
This move is the latest in the transactions of the whale, who previously accumulated 5.02 million ARB worth $4.09 million from Binance and OKX on September 25, 2023, at $0.814 per token. Following this accumulation, the same whale deposited all its tokens into Gate.io and Binance on March 5, 9 and 17, 2024.
If the 0xc99 whale did indeed sell its tokens, it would have made an estimated profit of $5.2 million, an increase of 127% from the initial investment.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/it-has-been-revealed-what-the-whales-did-when-they-received-millions-of-coins-unlocked-in-arbitrum/" rel="noopener noreferrer nofollow">It has been revealed what the whales did when they received millions of coins unlocked in Arbitrum.</a>

It has been revealed what the whales did when they received millions of coins unlocked in Arbitrum.

Bitcoin Sistemi EN

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