According to Foresight News, according to Lookonchain monitoring, a whale sold 3.8 million ARB at $1.04 three hours ago in exchange for 1,973 ETH (about $3.97 million). The whale has been accumulating ARB since October 23 and providing liquidity for ARB, with an average purchase cost of about $1. Currently, the whale's ARB profit is about $275,000.