TechFlow reported, according to Spot On Chain monitoring, 553 million ARB were transferred 7 hours ago from a Safe multi-sig address labeled "Arbitrum: Investors ARB Vesting" to 151 unlock contract addresses, worth approximately $631 million. Specifically:
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The contract starting with 0xdb2 received the largest amount, 8.75 million ARB;
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15 contract addresses each received the smallest amount of 58,700 ARB.
This could be preparation for the first ARB unlock on March 16, 2024.





