The Arbitrum Foundation deposited 15 million ARB into Coinbase 6 hours ago or conducted over-the-counter transactions
On January 30th, Spot on Chain monitoring reported that the Arbitrum Foundation deposited 15 million ARB (approximately 27.5 million USD) into Coinbase 6 hours ago. Shortly after, six new wallet addresses withdrew a total of 14.9 million ARB from Coinbase. The purpose of the Arbitrum Foundation's deposit may have been for off-exchange transactions.
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