Data: A certain whale holds 12.7 million ARB at an average price of approximately $1.18, with an unrealized loss of up to $3.35 million

ChainCatcher news, according to @EmberCN monitoring, a whale with an address starting with 0x6950 withdrew 2.11 million ARB (approximately 1.93 million USD) from Binance this morning during the market downturn. This whale had previously withdrawn 9 million ARB from Binance in July this year and currently holds a total of 12.7 million ARB (approximately 11.7 million USD), with an estimated average cost of 1.18. The unrealized loss may have reached 3.35 million USD (-22%).

According to market data, ARB dropped to 0.9009 USD this morning, hitting a historical low since opening at 0.5 USD. The current price is 0.9206 USD, with a 24-hour decline of 2.14%.