Data: Andrew Kang may sell his ARB holdings at a 20% loss rate

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, Andrew Kang, co-founder and partner of the crypto venture capital firm Mechanism Capital, bought 1.17 million ARB at an average price of $1.21 on June 2. Last night, 217,000 ARB were sold on-chain at a price of $0.97; 953,000 ARB were transferred to Binance, and it is expected that this ARB investment resulted in a loss of $280,000, with a loss rate of 20%.

In addition, the 3.92 million RDNT purchased at an average price of $0.285 is currently also in a floating loss state. (Source link)