TechFlow news, according to on-chain analyst Yujin's monitoring, investment firm Arca transferred 1.9 million IMX (worth approximately $1.08 million) and 193,000 LDO (worth approximately $310,000) to Binance 8 hours ago.
Arca had previously withdrawn 3.4 million IMX from Binance at $0.936 per token on March 10. On March 20, when IMX rose to $1.44, they transferred 1.5 million IMX back to Binance, realizing an estimated profit of $750,000. The additional 1.9 million IMX transferred to Binance 8 hours ago is expected to result in a loss of $700,000. Overall, the net profit across all transactions could be around $50,000.
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