A certain whale holds approximately 12.7 million ARB tokens at an average price of around $1.18, resulting in a potential loss of $3.35 million.

BlockBeats reported on September 1st that, according to monitoring by @EmberCN, a whale with an address starting with 0x6950 withdrew 2.11 million ARB (approximately $1.93 million) from Binance during this morning's market downturn. This whale withdrew 9 million ARB from Binance in July of this year and currently holds a total of 12.7 million ARB (approximately $11.7 million), with an estimated average cost of 1.18. Currently, the unrealized loss may have reached $3.35 million (-22%).