According to The Data Nerd, a wallet potentially linked to the ARB Foundation deposited 2.394 million ARB tokens, valued at approximately $1.77 million, into Coinbase five hours ago. Previously, this wallet had received 9.844 million ARB tokens, worth $15.26 million, and deposited them all into Coinbase nine months ago. If this wallet does not belong to the ARB Foundation, the owner might have incurred a substantial loss of around $9.23 million based on these transactions.

According to OnchainDataNerd, a wallet potentially linked to the ARB Foundation transferred 2.394 million ARB tokens, valued at approximately $1.77 million, to Coinbase five hours ago. Previously, nine months ago, this wallet had received 9.844 million ARB tokens worth $15.26 million and deposited them into Coinbase. If the wallet does not belong to the ARB Foundation, the owner has incurred a substantial loss of around $9.23 million on these tokens.

According to OnchainDataNerd, four wallets, which may belong to the ARB Foundation, deposited a total of 6.97 million ARB tokens, valued at approximately $4.06 million, to the cryptocurrency exchange Coinbase 15 hours ago. This movement of funds could indicate potential trading activities or liquidity management by the foundation.

According to @OnchainDataNerd, a wallet potentially linked to the ARB Foundation deposited 60,000 ETH (approximately $150.33 million) to Binance 8 hours ago. Within a 24-hour period, the same wallet deposited a total of 90,000 ETH (around $226.02 million) to Binance. This significant movement of Ethereum to the exchange could indicate a potential sell-off, which may impact the ETH market.