In the past 7 days, two tier-1 market makers GSR Markets and Wintermute have unloaded 48.2M $ARB ($80.83M) to CEX: • @GSR_io moved 26.94M $ARB ($45.1M) to #Binance. These ARBs all came from the token unlock on Mar 16. • @wintermute_t moved 21.24M $ARB ($35.7M) to various CEXs, mostly #Binance. Current holding: 19.96M $ARB ($33.7M). And the price tended to drop after their deposits! Follow @spotonchain and check out the market makers’ $ARB token flows at: 1. GSR Markets: https://platform.spotonchain.ai/en/visualizer?id=92194&timeRange=4 2. Wintermute Trading: https://platform.spotonchain.ai/en/visualizer?timeRange=4&id=92189