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A giant whale sold 14 million ARB, resulting in a loss of approximately US$6 million.

Lookonchain monitoring shows that since November 16th, whales have sold all 14 million ARB tokens (valued at $14.84 million) at an average price of about $1.05. In April, the whales withdrew 22.55 million ARB tokens (valued at $27.76 million) from Binance and Gateio at an average price of about $1.23. They also deposited 8.44 million ARB tokens (valued at $6.92 million) into Binance at a price of $0.82. The total loss was $6 million.

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