A whale identified as 0x204 withdrew 10 million ARB, worth about $1.8 million, from a centralized exchange (CEX) two hours before the report, according to Arkham monitoring. According to BlockBeats On-chain Detection, the whale had previously also withdrawn about 73,400 UNI, valued at approximately $2.34 million. Arbitrum unlocked more than 90 million ARB yesterday, while ARB’s price has continued to rise sharply in recent days.