On-chain sleuth The Data Nerd, via Twitter, notes that leading crypto market maker Wintermute transferred around 2.108 million ARB (£1.16 million) to Binance around 13 hours ago. Barely an hour later, GSR Market also wired 4.711 million ARB (worth £2.57 million) to the exchange. Presently, GSR's wallet holds 5.916 million ARB valued at approximately £3.03 million, according to the analyst. These considerable deposits suggest whales are likely positioning themselves to capitalize on potential market swings in Arbitrum's native token, ARB. It would be prudent to keep an eye on related developments as they unfold. ---