Arca has started to reduce its holdings in Arbitrum ecosystem tokens, having sold GMX, DPX, and RDNT
According to ChainCatcher news and on-chain data, the digital asset management company Arca has begun to reduce its holdings in Arbitrum ecosystem tokens. In the early morning and morning hours today, they sold 46,700 GMX (average selling price $74.3, buying price $81, loss of $310,000), 1,881 DPX (average selling price $315, buying price $392, loss of $140,000), and 900,000 RDNT (average selling price $0.34, buying price $0.28, profit of $50,000). (source link)