Crypto Giants Amassing ARB As Reported
- A total of 11.76 Million ARB was exchanged to a major player or institution for $14.82 million.
- Andrew Kang Bought more than 700k ARBs with 1 Million USDC after Tweeting About the crypto.
- ARB presently trades at $1.26 after a 6.93% price hike.
Despite Its gradual introduction to the crypto community in March whales are still accumulating Arbitrum (ARB). This morning, Lookonchain shared on Twitter that a major player or institution had acquired a total of 11.76 million ARB. This is worth $14.82 million. According to Binance and Gate.io over the last 24 hours.
ARB whale transactionsSource: Twitter)
The The address that received the large amount of ARB seems to be a new one and is not currently holding ARB. In addition, Lookonchain pointed out that Andrew Kang purchased more than 700k ARBs with 1 Million USDC after tweeting about the crypto.
ARB priceSource: CoinMarketCap)
It’s It is evident that individuals are looking to acquire ARB, hence the crypto has been given a high-profile spot on CoinMarketCap’s trending list after a successful last day. ARB is currently being traded at $1.26 after a 6.93% price surge in the same time period. The altcoin also achieved an all-time high of $1.28 in the same timeframe.
ARB has the potential to improve over the long run. Although ARB has increased by 0.1% over the past week. However, the crypto is still down almost 90% in the past month. ARB’s 24-hour trading volume is in the green zone and stands at $799,253,781 after a more than 3% increase since yesterday.
Its ARB has a market capitalization of $1,617.631,284 and is currently placed 37th.
Disclaimer: The Opinions and views as well as the data in this market analysis are presented in good faith. It is advised that the readers conduct their own research. Any actions taken by the readers are solely at their own risk and Coin Edition and its affiliates are not liable for any loss or damage, direct or indirect.
The Post Crypto Giants Piling Up ARB According To Latest Reports was first to appear on Coin Edition.
See Original on CoinEdition