Suspected ARB Foundation Address deposited 2,394,000 ARB to Coinbase 5 hours ago, equivalent to approximately $1,770,000

BlockBeats News, December 23rd, according to The Data Nerd monitoring, 5 hours ago, a wallet (possibly owned by ARB Foundation) deposited 2.394 million ARB into Coinbase (approximately $1.77 million).

9 months ago, this wallet received 9.844 million ARB (approximately $15.26 million) and deposited it all into Coinbase. It is estimated that this address (if not ARB Foundation) has incurred a loss of approximately $9.23 million on the mentioned tokens.