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Token ARB

Sep 12, 2023

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SOC Team

Offchain Labs allegedly bought back $ARB amid massive dump

Inflow

Total tokens transferred

Token ARB

1.799M

ARB

Address 0xb41 further accumulated 1.799M $ARB from Binance at $0.78 ($1.4M) just now:

Notably, address 0xb41:

  • has accumulated a total of 7.16M $ARB from Binance at $0.90 on average ($6.47M) since August 23 (20 days ago) and sent all $ARB to Offchain Labs' address 0x1e7
  • used to behave the same during last June’s crash: accumulating a total of 4.483M at $0.993 ($4.451M) from June 12 to June 17 then sending all $ARB to Offchain Labs (previous signal here)
  • $ARB just suffered a massive dump over the past 2 days, in which eight whales have allegedly sold a total of 25.65M $ARB ($20.35M) via Binance and decentralized exchanges and suffered an estimated total loss of $16.2M (previous signal here)

 

Fig. Offchain Labs allegedly accumulated 7.16M $ARB from Binance at $0.9 ($6.47M) since August 23.

#offchain labs
#arb
#arbitrum
#dump