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Whale Sells 27.2 Million ARC Tokens Stockpiled a Month Ago, Suspected to Trigger Price Drop

Summary: According to reports, approximately five hours ago, a whale dumped a total of about 27,200,000 AR tokens that it was holding, worth around $1.2 million. The sell-off was executed near its breakeven point, but shortly after, the price of ARC briefly dropped and even fell below $0.04. Currently, it has slightly rebounded to $0.04185, with ...

According to reports, approximately five hours ago, a whale dumped a total of about 27,200,000 AR tokens that it was holding, worth around $1.2 million. The sell-off was executed near its breakeven point, but shortly after, the price of ARC briefly dropped and even fell below $0.04. Currently, it has slightly rebounded to $0.04185, with a 10.2% decrease in the past 24 hours.

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Link: Whale Sells 27.2 Million ARC Tokens Stockpiled a Month Ago, Suspected to Trigger Price Drop   [Copy]
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