TechFlow reports, according to on-chain analysis by Yu Jin Monitoring, oilysirs.eth—possibly influenced by BNB Chain launching the OP Stack-based Layer 2 network opBNB testnet—swapped 550,000 ARB for 482,000 OP one hour ago. One and a half hours ago, he transferred 550,000 ARB into Binance, then withdrew 482,000 OP from Binance half an hour later, with the OP purchase price at $1.15.
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