An address has cumulatively transferred approximately 24.01 million ARB to exchanges, with an estimated loss of $945,000.

on November 1, according to Ai Yi monitoring, an address that opened a position on September 22 recently transferred its remaining approximately 19.01 million ARB tokens to Coinbase, appearing to fully liquidate, with an estimated loss of approximately $945,000.

The address had previously withdrawn approximately 24.01 million ARB tokens from exchanges at an average price of $0.2204; it subsequently returned tokens to exchanges at a cumulative average price of approximately $0.181, reducing its portfolio value by approximately 17.8%.