TechFlow reports that on December 8, according to Etherscan monitoring, an address leveraged a long position on ARB via on-chain transactions. Two hours ago, it withdrew 2.936 million ARB (worth $3.41 million) from Bybit and deposited them into Aave as initial collateral, then borrowed 2.95 million USDT from Aave, transferred the funds to Binance, and purchased 2.478 million ARB at a price of $1.19 per token. The address currently holds 5.415 million ARB (worth $6.4 million).
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