According to EmberCN, a crypto address has executed a leveraged long position on ARB. The trader withdrew 2.936 million ARB, valued at $3.41 million, from Bybit and deposited it into Aave as collateral. They then borrowed 2.95 million USDT from Aave and used it to purchase 2.478 million ARB on Binance at a price of $1.19. Currently, the trader holds a total of 5.415 million ARB, valued at $6.4 million.