#Kripto money whales continue to attract the attention of investors with their trading. The movements of whales directly affect the price movements of crypto assets. As of today, it seems that whales are making critical moves again.
The new week in the cryptocurrency industry has started as expected for now. Although some products have made significant outflows, many crypto assets continue their sideways movements.
In this process, whales show great interest in the altcoin called Arbitrum (ARB). According to the findings of Look On-Chain, a successful data provider, 3 whales made ARB withdrawals from the Binance exchange in the last 2 days.
Look On-Chain shared the following information on the subject on its official Twitter account:
“WE NOTICED THAT 3 WHALES WITHDRAWED A TOTAL OF 3.76 MILLION ARB (WORTH 5 MILLION DOLLARS) FROM BINANCE IN THE LAST 2 DAYS.”
Whale “0x8506” withdrew 2.17 million ARBs (worth $2.88 million) from Binance 30 minutes ago and currently holds 2.6 million ARBs (worth $3.5 million) in his portfolio.
Whale “0x8c50” withdrew 814,598 ARBs (worth $1.08 million) from Binance yesterday.
Whale “0x86ae” withdrew 772,547 ARBs (worth $1.03 million) from Binance 14 hours ago and sent them to Uniswap to provide liquidity.
The increased interest of whales in Arbitrum may lead to serious increases in ARB.
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