A whale withdrew $2.34 million worth of ARB and UNI from a CEX, coinciding with ARB unlocking over 90 million tokens in a single day. Whale address 0x204 withdrew approximately $2.34 million worth of Arbitrum (ARB) and Uniswap (UNI) tokens from Bybit about 2 hours ago. Notably, Arbitrum just unlocked over 90 million ARB this week. Despite ongoing token unlock pressure, ARB's price has risen sharply recently and remained elevated over the past month. Bloomberg: Hyperliquid seeks U.S. rules that protect its blockchain and place regulation at the application layer. Hyperliquid Labs co-founder Jeff Yan is seeking U.S. rules that can protect its blockchain, arguing that Hyperliquid's regulatory responsibility should fall on the financial institutions operating markets on that blockchain.