Arbitrage machine keeps running! The same wallet has repeatedly executed USDT cross-chain to Starknet and STRK back to Ethereum over the past week through bridging cycles. The latest transaction returned 1,000,000 STRK about 26 minutes ago (approximately $23,000). The wallet currently holds 10.09 million STRK in total, with total stablecoin inflows of about $232,000.
STRK’s recent performance has been weak, but a whale’s ongoing cross-chain arbitrage accumulation of capital may be a signal of a possible interim bottom. If bridging volumes increase further, it could trigger price volatility. $STRK
STRK’s recent performance has been weak, but a whale’s ongoing cross-chain arbitrage accumulation of capital may be a signal of a possible interim bottom. If bridging volumes increase further, it could trigger price volatility. $STRK