Suspected ARB Foundation address deposited 2.394 million ARB into Coinbase 5 hours ago, approximately 1.77 million USD

BlockBeats news, on December 23, according to monitoring by The Data Nerd, 5 hours ago, a wallet (possibly belonging to the ARB Foundation) deposited 2.394 million ARB (approximately 1.77 million USD) into Coinbase.

9 months ago, this wallet received 9.844 million ARB (approximately 15.26 million USD) and deposited it all into Coinbase. It is expected that this address (if not the ARB Foundation) has incurred a loss of about 9.23 million USD on the aforementioned tokens.