BREAKING NEWS:
Watchlist of the Week:
The Robinhood Chain (L2)
๐ Whale Alert: $ARB (@arbitrum).
A wallet has withdrawn another 7.736M $ARB (worth ~$656K) from @binance to a private wallet.
Hereโs whatโs interesting:
This wallet started accumulating $ARB about one month ago. The position is now up +11.64%, with holdings worth ~$672K.
Despite already being in profit, the wallet bought another 7.736M $ARB just 6 hours ago.
When whales keep adding to winning positions, it often suggests they expect more upside ahead.
With the @RobinhoodApp L2 narrative gaining attention, weโre also seeing strength in $LDO and $PENDLE.
My takeaway:
I believe capital could start rotating into the Ethereum ecosystem, especially DeFi and Ethereum Layer 2 projects.
๐ Keep an eye on your favorite DeFi and L2 altcoins.
Track the wallet here: ๐๐ป
https://arkm.com/explorer/address/0x2671bC452f32d8B547Ef9E662E8857dF3944a45D