Lookonchain
A newly created wallet withdrew 521,501 UNI worth $3.69 million, 915,747 MORPHO worth $1.95 million and 10 million ARB worth $1.54 million from Bybit. The transfers total about $7.18 million across three tokens.
Why it matters
Withdrawals from an exchange can indicate that assets are moving into self-custody, but the transfers alone do not establish the wallet owner’s intent or whether the tokens will be held, used elsewhere or sold later.
Market impact
The scale of the reported transfers makes the wallet a notable holder to track across UNI, MORPHO and ARB. The transactions do not, by themselves, establish a change in market direction.
Frequently asked questions
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How much did the wallet withdraw from Bybit in total?
The three withdrawals were valued at about $7.18 million: $3.69 million in UNI, $1.95 million in MORPHO and $1.54 million in ARB.
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How much UNI did the wallet withdraw?
The wallet withdrew 521,501 UNI, valued at $3.69 million.
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What was the MORPHO withdrawal amount?
The wallet withdrew 915,747 MORPHO, valued at $1.95 million.
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How much ARB moved out of Bybit?
The wallet withdrew 10 million ARB, valued at $1.54 million.
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Do the withdrawals prove the wallet is accumulating tokens?
No. Exchange withdrawals can indicate a move toward self-custody, but the transfers alone do not establish the wallet owner’s intent or whether the assets will be held.
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