The ARB price surged up to 18% in the past 24 hours. We uncovered that Amber Group and Smart Whale 0x0db were able to accumulate ARB before the pump.

1. Whale 0x0db withdrew 2.91M ARB ($3.53M) from OKX at $1.21:

• transaction: 0x6c564d7fa135900750e3f37eeebe78737bcfdf221866ac90431044d6cfbcaa46
• address: 0x0db87155511f190034a2b73d98f699bfebfbd85f
• check out Whale 0xdb's ARB visualizer here

Previously, the whale used to make $913K (+42%) from trading 1.85M ARB on OKX between April 10 and 15, 2023.

Currently, whale 0x0db holds 4.15M ARB ($5.62M), with a floating gain of $924K (+19.5%).

Fig 1. Whale 0x0db's overall ARB trading history.

2. Amber Group 0x011 has accumulated 6.41M ARB ($7.58M) from Binance at an average price of $1.18 since November 17.

• address: 0x011d19410fc79f140c08ffa8301e4153f17f4e27
• This address belongs to the entity Amber Group
• check out Amber Group 0x11's ARB visualizer since November 17, 2023, here

 

Notably,

• The VC's latest ARB accumulation was withdrawing 1.51M ARB ($2.07M) at $1.372 from Binance. on December 22, 2023, 18:45 +UTC just now.
• The VC tended to transfer ARB to address 0x1ee shortly after withdrawing from the exchange.
• The VC's floating gain from ARB is $1.07M (+14.2%).

Fig 2. Amber Group 0x011 accumulated 6.41M ARB ($7.58M) from Binance since November 17, 2023.