ChainCatcher message, according to @EmberCN monitoring, an address on the chain has gone long on ARB through leverage. This address withdrew 2.936 million ARB (worth $3.41 million) from Bybit 2 hours ago and deposited it into Aave as initial collateral, then borrowed 2.95 million USDT from Aave and transferred it to Binance to purchase another 2.478 million ARB at a price of $1.19 each. It currently holds 5.415 million ARB (worth $6.4 million).