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A Giant Whale Once Again Withdrew 1.15 Million ARB From Binance in the Past 2 Days

Lookonchain monitoring shows that a whale has once again withdrawn 1.15 million ARB tokens (worth 952,000 USD) from Binance in the past two days. The whale had previously gone long on ARB on Aave on July 23rd, but due to a drop in ARB price, they had to sell their tokens at a loss on September 11th to repay their debt.

The whale had previously withdrawn 17.53 million ARB tokens (worth 20.87 million USD) from Binance at an average price of 1.19 USD, and deposited 11.13 million ARB tokens (worth 10.17 million USD) into Binance at an average deposit price of 0.91 USD. With losses exceeding 3 million USD, the whale currently holds 7.55 million USD worth of ARB tokens (6.25 million USD).

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