A certain whale sold 1,081,046 ARB on the chain early this morning, making a profit of 350,000 US dollars
According to on-chain analyst @EmberCN on platform X, a whale who bought 1,791,045 ARB at $1.49 each when it was first listed (March 24, 2023), sold 1,081,046 ARB at an average price of $1.93 early this morning Singapore time ($2.09 million). His investment in ARB lasted for nine months and he held onto it from being trapped until finally making a profit of $350k (+13%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fidelity submits S-1 update for its SOL ETF
Mastercard plans to acquire crypto infrastructure startup Zerohash for up to $2 billion.
Securitize partners with BNY to launch tokenized credit fund on Ethereum