A whale address that accumulated 24.01 million ARB at an average price of $0.2204 has fully exited its position, depositing its remaining 19.01 million ARB to Coinbase at an average price of $0.181. The on-chain analyst monitoring the wallet reported the final transfer on November 1.
The address held the ARB position for over a month before liquidating entirely. The assets shrank by 17.8% during the holding period, resulting in an estimated loss of $945,000. The earlier withdrawal of 24.01 million ARB at $0.2204 suggests the whale chased the token near local highs before the subsequent decline drove prices down to the $0.181 range.
ARB Whale Fully Liquidates After Month-Long Hold, Suffers $945K Loss
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