Cryptocurrency investor Arbitrum (ARB) drew attention with its trading transactions.



An investor who bought on the day of the ARB's launch attracted attention with his recent selling trades. According to data provided by on-chain analytics platform Lookonchain, the investor took action on Jan. 4 and sold 1.08 million ARB at an average price of $1.94, adding 947 Ethereum worth $2.09 million to his wallet in return.

In March 2022, when ARB was launched, the investor in question spent 1,337 ETH, worth $2.4 million, to buy ARB 1.79 million at $1.34. The investor made its first significant sale on May 1 and disposed of 710,000 ARB for 514 ETH at an average price of $1.33. Considering that the price of Ethereum has also risen in the past period, the investor's profit was 124 ETH worth 278 thousand dollars.

ARB drew attention as the project that quickly recovered from the declines experienced on January 3. The price quickly reached $2.04 after falling from $1.9 to $1.46. This price was an all-time high for ARB.

According to data from CoinGecko, ARB, which has lost 1% in the last 24 hours, is trading at $1.90 at the time of writing.
ARB6.36%
KAR-1.83%
ETH1.26%
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