[Arbitrum Foundation Multisig Wallet Transfers 10 Million ARB to Coinbase Prime] Foresight News reports, according to on-chain analyst Yu Jin's monitoring, the Arbitrum Foundation multisig wallet transferred 10 million ARB (approximately $4.99 million) to Coinbase Prime 9 hours ago. This wallet unlocks and claims about 15 million ARB each month from the Arbitrum Foundation's vesting contract, then transfers 10 million ARB of that amount to Coinbase Prime. Since July 2023, the wallet has been unlocking ARB, with a total of 414 million ARB unlocked and claimed so far. Of this, 350 million ARB have been transferred to Coinbase Prime after being claimed, valued at $318 million based on the price at the time of transfer to the exchange, with an average price of $0.91.