Arbitrum DAO Transfers $21.06M Worth of ARB 4 hours ago, the Arbitrum DAO treasury address transferred 26 million ARB worth $21.06 million to a unique multisig address '0xAc2'. Notably, this multisig address had previously received 4 million ARB from the Arbitrum DAO treasury about a month ago and subsequently deposited 1.75 million ARB to Coinbase. This recent transfer has sparked speculation within the crypto community, with some suggesting that it could be related to future development plans or partnerships. The Arbitrum team has not yet released any official statement regarding the transfer. Implications The transfer of such a large amount of ARB to an anonymous multisig address has raised questions about the transparency and accountability of the Arbitrum DAO. Some community members have expressed concerns that the funds could be used for purposes that are not aligned with the interests of the DAO. However, it is important to note that the Arbitrum DAO is a decentralized autonomous organization, which means that the community has the power to make decisions regarding the use of its funds. It remains to be seen how the community will respond to this recent transfer and what the implications will be for the future of the Arbitrum ecosystem.