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The Arbitrum Foundation deposited 15 million ARB into Coinbase 6 hours ago or conducted over-the-counter transactions

The Arbitrum Foundation deposited 15 million ARB into Coinbase 6 hours ago or conducted over-the-counter transactions

CointimeCointime2024/01/30 03:15
By:Cointime

On January 30th, Spot on Chain monitoring reported that the Arbitrum Foundation deposited 15 million ARB (approximately 27.5 million USD) into Coinbase 6 hours ago. Shortly after, six new wallet addresses withdrew a total of 14.9 million ARB from Coinbase. The purpose of the Arbitrum Foundation's deposit may have been for off-exchange transactions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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