After the price of $ARB increased, a trader sold all 1.08M $ARB for 947 $ETH($2.09M) at $1.94.

This trader spent 1,337 $ETH($2.4M) to buy 1.79M $ARB at $1.34 on the day $ARB launched and also sold 710K $ARB for 514 $ETH($943K) at $1.33 on May 1.

Since the price of $ETH also increased during this period, the trader only made 124 $ETH($278K).

https://t.co/Qd2xW2efJw

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