Arkham data shows whale address 0x204 withdrew 10 million Arbitrum (ARB) from Bybit about two hours ago. The same address had also withdrawn roughly 73,400 Uniswap (UNI) tokens earlier, with the combined value of the assets put at about $2.34 million. The update comes after Arbitrum unlocked more than 90 million ARB yesterday. Even with ongoing token unlock pressure, the report said ARB has posted strong gains recently and has stayed at elevated levels over the past month. The transaction adds to market attention on large-holder movements in ARB and UNI, especially as traders watch how fresh supply from unlocks may interact with exchange outflows and whale accumulation patterns.
According to ChainCatcher, Arkham data shows that whale address 0x204 withdrew 10 million Arbitrum (ARB) from Bybit about two hours ago.
Before that, the same address had also withdrawn roughly 73,400 Uniswap (UNI) tokens. The total value of the assets involved was about $2.34 million.
The update also noted that Arbitrum unlocked more than 90 million ARB yesterday. Despite continued token unlock pressure, ARB has still risen sharply in recent trading and has remained at relatively high levels over the past month.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
