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Arbitrum Foundation performed a regular transfer 9 hours ago, moving 10 million ARB to Coinbase Prime. In the past 2 years, they have sold 350 million ARB.

2025.08.30 09:00:20

On August 30th, according to on-chain data analyst Yujin Monitoring, a multi-signature wallet of the Arbitrum Foundation transferred 10 million ARB tokens (approximately $4.99 million) to Coinbase Prime 9 hours ago. It is reported that this wallet unlocks and claims around 15 million ARB tokens each month from the unlocking vesting contract of the Arbitrum Foundation. Out of these, 10 million are transferred to Coinbase Prime. The wallet has been unlocking ARB tokens since July 2023 and has thus far unlocked a total of 414 million ARB tokens. Out of the claimed tokens, 350 million have been transferred to Coinbase Prime. Based on the price at the time of transfer to the trading platform, the value is $318 million, with an average price of $0.91.
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