Arbitrum’s $ARB Faces Bearish Trend Amid New Staking Proposal

Arbitrum’s $ARB Faces Bearish Trend Amid New Staking Proposal

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Source: TheMerkle.com

Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days.

Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings.

10 hours ago, 2 wallets (belong to @GSR_io) deposited totally 3.466M $ARB (~$3.92M) to #Binance.

Those are last $ARB in these 2 wallets.

Addresses:https://t.co/3P0txcWO9Chttps://t.co/BjIjlwO7wE pic.twitter.com/PfxX5V5NWR

Read More https://themerkle.com/arbitrums-arb-faces-bearish-trend-amid-new-staking-proposal/

The post "Arbitrum’s $ARB Faces Bearish Trend Amid New Staking Proposal" appeared first here TheMerkle.com.

Source: TheMerkle.com

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