BREAKING

Massive 26 Million ARB Transfer from Arbitrum DAO Treasury Sparks Market Activity

ARB

ARB/USDT

$0.0864
+0.23%
24h Volume

$45,168,133.15

24h H/L

$0.0899 / $0.0836

Change: $0.006300 (7.54%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data
ARB
ARB
Daily

$0.0855

-0.23%

Volume (24h): -

Resistance Levels
Resistance 3$0.1028
Resistance 2$0.0917
Resistance 1$0.0881
Price$0.0855
Support 1$0.0827
Support 2$0.0774
Support 3$0.0535
Pivot (PP):$0.086867
Trend:Downtrend
RSI (14):36.1

On December 24th, COINOTAG News reported significant movements in the crypto space, with the **multi-signature address 0xAc2…DC739** receiving a substantial inflow of **26 million ARB tokens** from the **Arbitrum DAO Treasury** valued at approximately **21.06 million U.S. dollars**. This follows a prior transfer a month earlier, where the same address received **4 million ARB tokens** from the treasury, subsequently leading to a deposit of **1.75 million ARB** into **Coinbase**. In parallel developments, two wallets affiliated with **GSR Markets** pulled out **9.18 million U.S. dollars** worth of ARB from Coinbase, marking an end to a three-week period devoid of ARB movements. This interplay of transactions underscores the dynamic nature of crypto trading and treasury management, providing keen insights into the broader **market trends** and **liquidity flows** in the decentralized finance sphere.

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