CoinVoice recently learned that on October 12, according to the monitoring of on-chain analyst Yu Jin, on June 8, Arca withdrew 1.48 million ARB (about 1.68 million US dollars) from Coinbase at an average price of 1.13 US dollars. In the early hours of this morning, Arca transferred all ARB to Binance at an average price of 0.82 US dollars.
After holding for 4 months, Arca’s ARB investment is expected to lose $460,000 (-27%). In addition, Arca’s current DYDX and GMX are also in a floating loss state. [Original link]
