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TechFlow news, on June 20, according to on-chain analyst Lookonchain, a whale holding 12,200 ETH (worth approximately $21 million) deposited 500 ETH (worth about $865,000) into Arbitrum and spent 300 ETH (worth around $519,000) to purchase 511,000 ARB at a price of $1.02.
It is reported that this whale had been dormant for six months, with its previous transaction occurring on December 16 last year, when it bought 87,976 MAGIC tokens at $0.68 per token.
A whale holding 12,200 ETH (approximately $21 million) has deposited 500 ETH (worth about $865,000) into Arbitrum and spent 300 ETH (worth approximately $519,000) to purchase 511,000 ARB at a price of $1.02 per token. Notably, this whale had been dormant for six months, with its last transaction occurring on December 16 last year, when it bought 87,976 MAGIC tokens at $0.68 each.
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