Whales Moving Popular Altcoin to Binance: Previously Brought a Decline!

4 whale wallets made large transfers to Binance on popular Ethereum (ETH) layer-2 scaling solution Arbitrum. According to the on-chain data platform Lookonchain’s post on March 23, more than 4 whale wallets deposited Arbitrum on Binance. Despite the rise in Bitcoin, ARB did not increase while these whales moved a total of 11.34 million ARB worth 18.5 million dollars to the exchange in 20 hours. Earlier, a billion-dollar unlocking in ARB caused 11 whales to move a total of 34 million ARB worth 58 million dollars to exchanges, followed by a price decline. These transfers also raised concerns about another potential decline in prices. According to CoinGecko data, ARB is currently trading at around 1,635 dollars.

Whales Moving Popular Altcoin to Binance: Previously Brought a Decline!

4 whale wallets made large transfers to Binance on popular Ethereum (ETH) layer-2 scaling solution Arbitrum.

According to the on-chain data platform Lookonchain’s post on March 23, more than 4 whale wallets deposited Arbitrum on Binance.

Despite the rise in Bitcoin, ARB did not increase while these whales moved a total of 11.34 million ARB worth 18.5 million dollars to the exchange in 20 hours.

Earlier, a billion-dollar unlocking in ARB caused 11 whales to move a total of 34 million ARB worth 58 million dollars to exchanges, followed by a price decline.

These transfers also raised concerns about another potential decline in prices.

According to CoinGecko data, ARB is currently trading at around 1,635 dollars.

Related Posts

0 Comment

Write a Comment

You have not selected any currencies to display
Random

This website uses cookies to improve your experience. By continuing to use Bitcoinvesti.com, you agree to our use of cookies. For more information on how we use cookies and how you can manage them, please visit our Privacy Policy.