Market makers GSR Markets and Wintermute sold 48.2 million ARB to CEX in the past 7 days
Spot On Chain posted on social media that two primary market makers, GSR Markets and Wintermute, sold 48.2 million ARB tokens (worth $80.83 million) to CEX in the past seven days. GSR transferred 26.94 million ARB tokens (worth $45.1 million) to Binance, which were all from the token unlock on March 16th. Wintermute transferred 21.24 million ARB tokens (worth $35.7 million) to various CEX, mainly Binance. Currently, the two market makers hold 19.96 million ARB tokens (worth $33.7 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst Predicts XRP Price Could Bottom Out at $1.95
Republic to Acquire INX Digital for Up to $60 Million
OFAC Sanctions 8 Crypto Wallets Tied to Yemen’s Houthis
VELO’s Wave Trend Oscillator Flashes Bullish Signal—Is Another Massive Rally Coming?

Trending news
MoreCrypto prices
More








