For the Arbitrum network, it seems that after the token unlock on March 16th, at least 11 whales have moved the equivalent of 58 million dollars worth of ARB to crypto exchanges.
Arbitrum: whales move $58 million to crypto-exchanges after ARB unlock
On March 16th, Arbitrum unlocked 1.1 billion tokens, worth approximately 2.32 billion dollars, for its team, advisors, and investors.
After the unlock, it seems that at least 11 whales have moved the equivalent of $58 million worth of ARB to crypto-exchanges. This was reported by the blockchain analysis company Lookonchain:
After the massive unlocking of $ARB, 11 whales deposited a total of 34M $ARB($58M) into the exchanges.https://t.co/Lcr5S3wE3t pic.twitter.com/jTBl5f3kQ5
— Lookonchain (@lookonchain) March 18, 2024
“After the massive unlock of $ARB, 11 whales have deposited a total of 34 million $ARB (58 million dollars) in exchanges.”
Basically, what Arbitrum has done is a “rush unlock”, which means that the to
We współpracy z: https://en.cryptonomist.ch/2024/03/18/arbitrum-moved-58-million-to-crypto-exchanges-after-token-unlock/
