According to OnchainDataNerd, a wallet potentially linked to the ARB Foundation transferred 2.394 million ARB tokens, valued at approximately $1.77 million, to Coinbase five hours ago. Previously, nine months ago, this wallet had received 9.844 million ARB tokens worth $15.26 million and deposited them into Coinbase. If the wallet does not belong to the ARB Foundation, the owner has incurred a substantial loss of around $9.23 million on these tokens.