Whale grabs 4.5 million $ARB on two top exchanges on the dip. lookonchain Arbitrum
Earlier today, the ARB price took a dive from a peak of $1.49 to $1.34, according to CoinMarketCap. By now, the price has managed to recover a little and is sitting at $1.4094.
Recently, U.Today reported that ARB experienced a rise by nearly 12% as whales began to accumulate this token. Prior to that, Arbitrum made anOne of them, dubbed TRIDENT, immediately sold 131,345 ARB at the price of $1.31 via three wallets after receiving its portion of the airdrop. That earned the address $172,000, according to @lookonchain.
According to CoinMarketCap, Arbitrum's native token ARB reached a historic peak of $11.80 a month ago, on March 23. Currently, it is trading 88.06% below that level. ARB is ranked 36th on the aforementioned crypto analytics website.
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