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TechFlow News, according to Spot On Chain monitoring, two entities—dForce and Synapse Labs—that received ARB airdrops from the DAO, sold their held ARB before the Dencun upgrade and token unlock events.
1. Approximately 12 hours ago, dForce deposited 2.45 million ARB (worth $5.05 million) into Binance at a price of $2.06 per ARB.
2. Around 9 hours ago, Synapse Labs swapped 1.03 million ARB for 2.13 million USDC at a price of $2.07 per ARB.
According to Spot On Chain monitoring, two entities—dForce and Synapse Labs—that received ARB airdrops from the DAO, sold their held ARB before the Dencun upgrade and unlock. 1. dForce deposited 2.45 million ARB (worth $5.05 million) into Binance at $2.06 per ARB about 12 hours ago. 2. Synapse Labs swapped 1.03 million ARB into 2.13 million USDC at $2.07 per ARB approximately 9 hours ago.
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