The price of the popular layer-2 scaling solution Arbitrum (ARB) fell to an all-time low, while many whales suffered serious losses.
Arbitrum price last 24 hours in to $0.744 falling to all-time lows (ATL) with the withdrawal 7 cryptocurrency whales in total over $8 million It appeared to cause damage.
According to on-chain data “0xe972” whale with wallet address $2.9 million worth 3.8 million ARB world’s largest cryptocurrency exchange to Binance transferred. During the transfer of the whale ARB of the price $0.77 It was seen to be at the level. “0xe972” in your wallet 13.7 million ARB It was determined that more remained. And also “vladilena2.eth” And “0x695” Two more cryptocurrency whales with wallet addresses joined Binance 3.63 million ARB And 2.8 million ARB transferred. During the transfers of the two whales, the ARB price is respectively 0.83 And 0.79 was at dollar levels.
“0xe972”, “vladilena2.eth” And “0x695” The potential damages of the addresses are, respectively, $1.3 million, $317 thousand And $1.6 million it happened.
On-chain analytics platform lookonchain In his post published on his social media account, among “vladilena2.eth”, “0xe972” And “0x695” total from ARB trading of 7 cryptocurrency wallets, including over $8 million He stated that he made a loss.
According to the information given, the individual damages of whales are: 300 thousand dollars with 2 million dollars It varied between . of whales ROI Position changes in terms of average negative 33.6% it happened.
Platform also crypto market maker Wintermute to Binance $3.36 million worth 4.35 million ARB He revealed that he transferred. Wintermute later 721 thousand dollars worth 935 thousand units increase their total transfers by transferring more ARBs $4 million he took it on. In the hands of the market maker $27 million worth 35 million ARBs It was seen that he remained.
CoinGecko According to latest data 24 hours in 8% depreciating ARB, as of my writing $0.771 traded at the level.