Arbitrum (ARB) recently conducted airdrop saw around 90.15 million tokens being distributed to 131 DAO addresses, valued at approximately $118 million. However, immediately after the airdrop, a whale nicknamed “TRIDENT” sold 131,345 ARB tokens through three different addresses, earning $172,000 at a price of $1.31 each. This action may have had a negative impact on … Arbitrum’s airdrop leads to whale sell-offs and price fluctuations Read More »
