Confusing whale movements are starting to come from Arbitrum (ARB), the new star of the crypto scene, how is ARB’s wallet data progressing?
The whale movements of ARB, which gathered a large audience with the effect of the airdrop frenzy, attracted the attention of crypto investors. Serious price movements were observed after the ARB, which was published on many popular crypto exchanges. When examining onchain data, it is seen that wallet transfers of ARB whales are of great importance.
ARB’s Transfer Data
Lookonchain, one of the main names of onchain platforms, has published data on ARB transfers. According to Lookonchain, Amber, which has a large share in the ARB market, has sold most of its ARBs. It was stated that after this transaction, Amber moved away from ARB.
The ARB report, published by Lookonchain, shows that Amber’s two addresses have transferred 11.2 million ARB ($15.8 million) of which $7.3 million ($10.3 million) goes to OKX and Binance. detected transmission. This transaction indicates that some investors may move away from $ARB and view other cryptocurrencies as more attractive investment opportunities.
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