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Crypto Whales Are Selling ARB After Arbitrum Unlocking!

ARB price dropped 11% in the last 12 hours, due to market losses and major lock openings!

In the last 12 hours, 6 wallets that received tokens from vesting contracts deposited 8.95 million ARBs (worth $16.4 million) to Binance.

These wallets currently hold 32.95 million ARBs (worth $56.7 million) and may soon send more ARBs to exchanges for sale.

Arbitrum (ARB) has experienced a 25% withdrawal in the last 4 days. The popular altcoin is trading at $1.73 at the time of writing our news.$ARB