Offchain Labs withdrew 1.217 million ARB, worth approximately $1.1 million, from Binance one hour ago.

According to Spot On Chain monitoring on September 7th, Offchain Labs, the development team behind Arbitrum, withdrew 1.217 million ARB tokens worth approximately $1.1 million from Binance one hour ago. Since August 23rd, Offchain Labs has withdrawn a total of 5.367 million ARB tokens from Binance, spending $5.07 million at an average price of $0.94 per ARB token.