Whales Move Arbitrum Tokens To Exchanges Following Massive Unlocking

Following the recent release of a substantial number of vested tokens on March 16, whales holding Arbitrum (ARB) tokens have begun transferring their digital assets to cryptocurrency exchanges. On March 16, Arbitrum unlocked a staggering 1.1 billion ARB tokens, valued at $2.32 billion. This significant unlocking coincided with a market…

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