According to on-chain analyst Yu Jin's monitoring, on October 12th, BlockBeats reported that on June 8th, Arca withdrew 1.48 million ARB (equivalent to 1.68 million US dollars) from Coinbase at an average price of 1.13 US dollars. Early this morning, Arca transferred all ARB to Binance at an average price of 0.82 US dollars. After holding for 4 months, Arca's ARB investment is expected to incur a loss of 460,000 US dollars (-27%). In addition, the DYDX and GMX that Arca's address still holds are also in a floating loss state.
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Arca Transferred All 1.48 Million ARB to Binance
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