Spotlights from big financial companies like BlackRock and Invesco bitcoin His filing for an ETF dispelled the negative mood in the crypto industry following the SEC’s lawsuits against Binance and Coinbase.
These developments started the rally that took BTC to $31,000.
BTCAs it continues to hold above $30,000, some altcoinWith their rises, the stock market was positively differentiated from the market and attracted attention.
One of these altcoins Arbitrum (ARB) it happened.
Whale purchases continue unabated at ARB, which has been in the focus of whales since its launch.
Popular cryptocurrency platform lookonchain that two sleeping whales awoke and ARB Said they bought it.
“When a sleeping whale wakes up and buys a cryptocurrency, it must know something beforehand.
Arbitrum is rising today and 2 dormant whales bought ARB before the rise.The whale named “0x1b67” awoke from its 1.6-year slumber and purchased 450,881 ARB ($504,000 worth) from Binance on June 25.
The whale named “0x3737″ woke up from its 6-month sleep and bought 1.57 million ARBs at $1.07 on June 20, spending 939 ETH (worth $1.68 million).
When a dormant whale wakes up and buys a token, he must have known something in advance.$ARB is pumping today and bought 2 dormant whales $ARB in advance. pic.twitter.com/bWnGVIlcMz
— Lookonchain (@lookonchain) June 27, 2023
Apart from these two whales waking up from their sleep, there are other whales as well. ARB Stating that he bought it, Lookonchain said:
The whale named “0xb28f” bought 321,934 ARBs at $1.16, spending 200 ETH (worth $375k) 2 hours ago.
The whale named “0xb28f” also spent 300 ETH (worth $525k) in early June, purchasing 538.558 ARBs at $0.98.
Finally, the whale named “0x79cc” bought 937,176 ARBs at $1.13, spending 1,058,665 USDC about 10 hours ago.”
Whales are buying $ARB!
Whale”0xb28f” spent 200 $ETH ($375K) to buy 321,934 $ARB at $1.16 again 2 hrs ago.
“0xb28f” once spent 300 $ETH ($525K) to buy 538,558 $ARB at $0.98 on June 10.
Another whale”0x79cc” spent 1,058,665 $USDC to buy 937,176 $ARB at $1.13 about 10 hrs ago. pic.twitter.com/YsHriraZkr
— Lookonchain (@lookonchain) June 27, 2023
Up 6% in the last 24 hours ARB It continues to trade at $1,208 at the time of writing.
*Not investment advice.
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