A whale sells off 27.2 million ARC accumulated a month ago, suspected of triggering a price decline.

ARC-5,64%

ChainCatcher Message, according to market reports, about five hours ago, a whale completely liquidated approximately 27,200,000 AR tokens they held, worth about $1.2 million. The related exit transaction was executed near their breakeven point, but subsequently, the ARC price briefly dropped and fell below $0.04. It has now slightly recovered to $0.04185, with a 24-hour decline of 10.2%.

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