Digital asset management company Arca has sold off most of its Arbitrum ecosystem tokens, but still holds GMX and SYN

According to ChainCatcher news, data monitoring by Spot On Chain shows that the digital asset management company Arca has sold off most of its Arbitrum ecosystem tokens: 11 hours ago, it exchanged 1.6 million RDNT for 712,000 USDT, with a selling price of $0.445 and a buying price of $0.274; 5 hours ago, it exchanged 312,000 SYN for 165.6 ETH (approximately $267,000), with a selling price of $0.8 and a buying price of $1.21.

Currently, Arca has sold all DPX and RDNT tokens, and still holds 20,000 GMX (approximately $1.6 million) and 549,000 SYN (approximately $510,000) in two wallets. (source link)