📉 A remarkable development took place in the crypto world! According to data from Spot On Chain, approximately ARB 20.20 million ($16.30 million) was redistributed through Coinbase yesterday after Cointelegraph published false news that the SEC had approved the iShares Bitcoin ETF. 😮🔹 Offchain Labs deposited 20 million ARB (approximately $16.24 million) to Coinbase at an average price of $0.812 19 hours ago.🔹 Shortly after, 4 new addresses deposited 20.22 million ARB (approximately $16.34 million) from the Coinbase address approximately 18 and 17 hours ago ) pulled. Interestingly enough, the ARB price appears to have dropped slightly after Offchain Labs deposited the ARB to Coinbase, but has largely recovered following the accumulation of ARB on new addresses. However, there is a time delay. 🤔📈

ARB-0.78%

BTC+2.61%