Data: 553 million ARB tokens were transferred to 151 unlocking contract addresses approximately 7 hours ago, worth approximately $631 million.

According to Spot On Chain's monitoring, on August 16th, BlockBeats reported that 553 million ARB tokens were transferred from a Safe multi-signature address labeled "Arbitrum: Investors ARB Vesting" to 151 unlock contract addresses approximately 7 hours ago, totaling around $631 million. Spot On Chain suggests that this may be in preparation for the first ARB investor unlock on March 16, 2024.