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Arbitrum Whale Sells $3.8M Tokens Amid Market Chaos

Posted on 09/11/2023

Arbitrum Whale Sells $3.8M Tokens Amid Market Chaos

Arbitrum (ARB) faced a 6% price drop on September 10, prompting a large whale to offload 3.8 million ARB tokens for ETH, incurring a $1.3 million loss. Despite some whales accumulating ARB, the cryptocurrency exhibited an average level of volatility with a 6.67% drop, settling at $0.8336.

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