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Suspected ARB Foundation wallet address deposited 2.394 million ARBs to Coinbase

According to The Data Nerd, 5 hours ago, a wallet (probably belonging to the ARB Foundation) deposited 2.394 million ARBs (about $1.77 million) into Coinbase. Nine months ago, the wallet received 9.844 million ARBs (about $15.26 million) and deposited them all into Coinbase. If the wallet is not ARB Foundation, then he lost 9.23 million dollars on the aforementioned tokens.