A whale transferred 4.50 million ARBs to Coinbase 8 hours ago, and will lose $3.24 million if sold

According to The Data Nerd, 8 hours ago, Whale 0x8A4 transferred 4.50 million ARBs (about $4.59 million) to Coinbase. A month ago, he hoarded these tokens at an average price of $1.74, and if he sold them at the current price, he would lose $3.24 million (return on investment -41%).