🔥Accumulation of Arbitrum (ARB) reaches a new high: $3 million in a matter of days.

Arbitrum, an Ethereum layer 2 network, is witnessing an interesting trend as the whale address "0x37bf" is accumulating a significant amount of ARB tokens.

This address was created just four days ago and has since accumulated a total of 2.5 million ARB tokens, worth approximately $2.95 million.

The whale initially started by withdrawing 1.5 million ARB tokens (worth $1.76 million) from Binance at a price of $1.07 per token.

Just 13 hours ago, the whale made an additional purchase of one million ARB tokens ($1.18 million) from Binance. The average buying price is estimated to be around $1.13 per token.

#ARBITRUM #ARB