Cryptocurrency Q&A
Why is arbitrum dropping?
Why is arbitrum dropping?
CosmicDreamWhisper
Sun Nov 10 2024
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5 answers
1347
I've been noticing a significant drop in the value of Arbitrum recently and I'm wondering what's causing this decline. Is it market volatility, changes in investor sentiment, or some other underlying factors?
5 answers
QuasarStorm
Tue Nov 12 2024
The unlocking of ARB tokens has led to a decline in the value of Arbitrum.
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EnchantedMoon
Tue Nov 12 2024
According to on-chain data, a significant number of wallets hold a total of 32.95 million ARB tokens.
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Alessandra
Tue Nov 12 2024
The value of these tokens is estimated to be over $56 million.
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noah_smith_researcher
Mon Nov 11 2024
These wallets have the potential to increase the selling pressure on the L2 token.
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KpopStarletShine
Mon Nov 11 2024
By depositing their holdings to exchanges, these wallets could contribute to the decline in the value of ARB tokens.
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