Whales Haven’t Abandoned This Altcoin, It Continues To Collect!

Ethereum’s leading Layer-2 network Arbitrum (ARB)started airdrop distribution to DAOs yesterday.

Significant amounts of on-chain data from Arbitrum are available to the foundation’s approximately 130 DAO addresses today. ARB It was seen that he transferred the token.

Whales after Arbitrum airdrop starts ARB continued to take.

Popular cryptocurrency analysis platform lookonchainin his post today, said that two whales holding more than 1 million ARBs received more ARBs.

Stating that the whale named “0x09d4” bought 142,459 ARB (worth $ 199,000) from Binance for $ 1.38, Lookonchain wrote that this whale currently has 1.95 million ARB (worth $ 2.73 million) in total.

Lookonchainm also said that the whale named “0x4322” had 80 Ethereum (ETH) He said he bought 108,438 ARBs (worth $146,000) for $1.34 in exchange.

This whale was also found to have 1.78 million ARBs, worth a total of $2.5 million.

He stated that the whale named “0x4322”, who bought ARB for 80 ETH, performed successful transactions in token trading and earned more than $ 7.3 million in transactions.

The rise in Bitcoin and altcoins also showed itself in Arbitrum. Up 9.04% in the last 24 hours ARB It continues to trade at $1.47 at the time of writing.

*Not investment advice.

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