According to Lookonchain, a significant whale transaction occurred where 1.84 million $USDC was used to acquire 4.45 million $ARC at the price of $0.41 over the last two days. This purchase indicates strong buying interest and could influence $ARC's price movement positively in the near term, as large transactions often reflect bullish sentiment. Traders should monitor $ARC's price action closely for potential upward trends.