Arbitrum Whales Dump Millions Worth Of Arb Despite Incurring Losses

Last updated: June 9, 2025, 23:26

Arbitrum Whales Dump Millions Worth Of Arb Despite Incurring Losses

The buzz circling the token

According to the blockchain analytics platform, Lookonchain, seven whales parted with a total of $16 million worth of Arbitrum (ARB) at a loss of $8.15

The buzz circling the token allocation process of the Arbitrum Foundation has caused a seismic shakeup in the value of the ARB token. The uproar has only intensified with

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The whale still held

The whale still held 13.78 million ARB tokens, worth $11.5 million, as of the time of publication. A giant whale dumped 3.8M $ARB ($3.21M) for $ETH on Binance at a