$ARB shows a solid 20% recovery following growing demand for L2 networks
While the identity of this whale remains a mystery, their activity has certainly piqued the interest of the Arbitrum community. It is a bold move that comes amid a period of volatility for the ARB token. However, it is worth noting that Arbitrum has gained around 20% to its value since the local low, adding further intrigue to this accumulation.Foundation announced a series of changes in response to community pressure.
Moreover, the foundation has pledged to provide more transparency regarding the use of funds and the foundation's budget. They also affirmed they have no near-term plans to sell more tokens, reacting to previous criticisms about selling millions of dollars in ARB for operational purposes without community consent.
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