June 8th, Arca withdrew 1.48 million ARB (1.68 million USD) from Coinbase at a price of 1.13 USD. Three hours ago, Arca transferred all of its ARB to Binance at a price of 0.82 USD. After holding for 4 months, Arca's ARB investment is expected to incur a loss of 460,000 USD (-27%). In addition, the DYDX and GMX held in Arca's address are also currently in a floating loss state.
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Arca Transferred 1.48 Million ARB to Binance, Expecting a Loss of $460,000
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