PANews reported on December 23 that according to monitoring by The Data Nerd, 5 hours ago, a wallet (possibly belonging to the ARB Foundation) deposited 2.394 million ARB (approximately US$1.77 million) into Coinbase.

Nine months ago, this wallet received 9.844 million ARB ($15.26 million) and deposited them all in Coinbase. If this wallet is not the ARB Foundation, then he has suffered a heavy loss of about $9.23 million on the above tokens.