The top 20 holders hold 5.95 billion ARB, accounting for 59.51% of its total supply

According to Lookonchain, the top 20 holders own 5.95 billion ARB, accounting for 59.51% of the total supply, equivalent to $11.78 billion. In addition, two whales bought ARB in the past 7 days: - An address starting with 0x4009 withdrew 2.3 million ARB ($4.57 million) from Binance; - 3 days ago, an address starting with 0x1219 spent 505 ETH ($1.96 million) at an average price of $2.17 to buy 901,685 ARB. Six whales sold ARB in the past 7 days, including: - Synapse sold 1.03 million ARB for 2.13 million USDC 16 hours ago at an average price of $2.07; - dForce deposited 2.45 million ARB ($5.1 million) into Binance 19 hours ago. It is reported that 1.11 billion ARB ($2.26 billion), accounting for 76.62% of the total circulating supply, will be unlocked in 4 days. Among them, 673.5 million ARB ($1.37 billion) will be unlocked for the team, future team, and advisors, and 438.25 million ARB ($894.03 million) will be unlocked for investors.