1/ #Wintermute appears to have increased its $ARB token holdings since the low on Oct 20.

On 20/10, the wallet held 30M $ARB (near the bottom). Today, it's at 37M tokens. Actions like depositing on the exchange aren't for selling (a tier 1 MM won't sell low to buy high).

2/ This morning, a withdrawal of 1.12M tokens from #FalconX to the wallet.

As Q1/2024 approaches, the question looms: Will $ARB still test the bottom?

#Layer2 #Crypto

@defilearn_net