Data: Arbitrum Foundation multisig wallet transfers 10 million ARB to the exchange Prime

ChainCatcher news, according to on-chain analyst Ember @EmberCN, an Arbitrum Foundation multi-signature wallet transferred 10 million $ARB ($4.99 million) to an exchange 9 hours ago.

This wallet unlocks and receives about 15 million ARB from the Arbitrum Foundation's vesting contract every month, and then transfers 10 million of them to an exchange. Since starting to unlock ARB in July 2023, this wallet has unlocked and received a total of 414 million ARB, with 350 million transferred to an exchange after receipt. Calculated at the price when transferred to the exchange, the value is $318 million, with an average price of $0.91.