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Wintermute has significantly increased its $ARB position by accumulating 18.8M $ARB ($40M) from Binance in the past 12 hours. Currently, they own 31.09M $ARB (~$64.98M). Arbitrum is about to unlock a massive 1.11 billion $ARB tokens worth ~$2.08B, which will almost double its circulating supply, potentially causing volatility.
💸Biggest @Arbitrum unlock ever happening this weekend... will almost double its circulating supply. 📊 from @MessariCrypto Full story below🧵 https://t.co/ytq3N1hPEu
🔓.@Arbitrum will unlock more than $2 billion worth of $ARB to the team members, advisors, and investors of @OffchainLabs this weekend, data from @MessariCrypto shows. 🧵👇 Full story in thread https://t.co/RyaIsTT2o7
Arbitrum's massive token unlock is happening tomorrow. Arbitrum is unlocking a whopping 1.11 billion $ARB tokens worth ~$2.08B. In other words, Arbitrum is about to almost double its circulating supply this week, potentially causing some volatility for Arbinauts. https://t.co/m0dnINkipX
