Strategic Moves: Address Ramps Up ARB Holdings with $3.41M Leverage on Bybit and Aave

On December 8th, COINOTAG reported a significant transaction involving the **ARB token**. An address on the blockchain utilized **leverage trading** to go long on ARB, demonstrating a strategic move in the current market environment. This address first withdrew **2.936 million ARB** (valued at approximately **3.41 million USD**) from **Bybit**. Shortly thereafter, it deposited this amount into **Aave** as collateral.

Subsequently, the address borrowed **2.95 million USDT** from Aave, which was then transferred to **Binance**. Utilizing these funds, it acquired **2.478 million ARB** at a market price of **1.19 USD**, highlighting a calculated investment approach. As of now, the address holds a total of **5.415 million ARB**, valued at **6.4 million USD**. This transaction underscores the growing interest in ARB and reflects ongoing activity within the **decentralized finance (DeFi)** sector.