Lookonchain monitoring shows that an address is selling ARB at a loss. The address has started depositing ARB into Binance and has deposited 839,899 ARB (worth $906,000) to date. On April 4th and 5th, the address withdrew 17.62 million ARB (worth $20.97 million) from Binance and Gate when the price was $1.19. Then, from September 10th to 14th, the address deposited 8.44 million ARB (worth $6.9 million) to Binance at a price of $0.82. Currently, the address still holds 8.34 million ARB (worth $9 million) and has lost about $4.14 million in total on ARB.
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