The blockchain tracking firm Lookonchain mentioned in a tweet this morning that a whale was responsible for the recent price drop in Arbitrum (ARB) and Ethereum (ETH). According to the post, this whale had transferred 2.77 million ARB and 21K ETH to Binance in the past 24 hours. Shortly after the two transfers were processed, The post On-Chain Data Shows a Whale Was Behind ARB and ETH Price Drops appeared first on Coin Edition .