Category: arb

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Arbitrum Faces Potential Volatility As Token Unlock Event Looms

The impending token unlock event scheduled for April 16 poses a significant risk to Arbitrum (ARB) investors, as the market braces for potential price fluctuations. These unlock events are notorious for triggering substantial volatility in cryptocurrency markets, given the uncertainty surrounding their aftermath. On April 16, 2024, a staggering 92.65 million ARB tokens, representing 3.49% of the total circulating supply, are set to be released into the market. With a market value estimated at approximately $116.73 million, the unlock event has garnered widespread attention from investors and analysts alike. #Arbitrum to Unlock 92.65 Million ARB Tokens in ‘Cliff Unlock’ Event.

The post Arbitrum Faces Potential Volatility As Token Unlock Event Looms appeared first on The Merkle News.

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Arbitrum ARB Faces Declining Prices Amidst Concerns Over Upcoming Token Unlock

Investors are closely monitoring the trajectory of Arbitrum (ARB) as its price continues to decline across all timeframes, experiencing a further 7% drop in the past 24 hours.  The looming unlock event scheduled for April 16, where approximately 92.65 million ARB tokens are set to be distributed to advisors, team members, and investors, has sparked significant apprehension within the cryptocurrency community. 五分钟前，Amber Group 再次向 #Coinbase 充值 100 万枚 $ARB ，价值 149 万美金 https://t.co/1OjZW3KxKb 目前该地址仍剩余 482 万枚 ARB，价值 719 万美金；2024 年 Amber 已累计向交易所充值 954 万枚 ARB，总价值 1,778 万美金；近七天 ARB 已下跌 13.8%，现价 $1.50 本条推特由 #Bitget 赞助 https://t.co/rVivOpv2NI pic.twitter.com/6nxC2CKUhJ — Ai 姨 (@ai_9684xtpa)

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Whales Continue To Move ARB Tokens Amid Market Decline

In the wake of the recent release of approximately 1.1 billion ARB tokens, significant movement of these tokens by whales onto exchanges has contributed to a notable decline in the market value of Arbitrum, a leading layer-2 Ethereum scaling solution.  Over the past week, the platform has experienced a substantial loss of up to 20% of its total value, facing strong bearish pressure from the market. 五小时前，Amber Group 再次向 #Coinbase 充值 100 万枚 $ARB ，价值 163 万美金 Amber 目前仍持有 682 万枚 ARB，价值 1058 万美金，分批出售还没有结束；近七天 ARB 已下跌 24%，现价 $1.56📉 钱包地址 https://t.co/a734UyPfKM https://t.co/FCtfMswIyj pic.twitter.com/hef3MJ6mFn — Ai 姨 (@ai_9684xtpa) March 19, 2024 Recent

The post Whales Continue To Move ARB Tokens Amid Market Decline appeared first on The Merkle News.

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Arbitrum (ARB) Faces Major Unlocking Event Amidst Exchange Activity

Arbitrum (ARB) enthusiasts are bracing themselves for a significant unlocking event scheduled for March 16th. This event will mark the release of a whopping 1.1 billion tokens, accounting for a substantial 76% of the total circulating supply. Investors and the project team will be the primary beneficiaries of this sizable token distribution. The anticipation surrounding this unlocking event has been further fueled by recent movements of ARB tokens to various cryptocurrency exchanges. In the past 24 hours alone, a considerable amount of ARB has been transferred to these platforms, sparking speculation and interest among market participants. In a noteworthy development,

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Arbitrum (ARB) Showcases Strong Momentum Amid General Market Sentiment 

The trajectory of Arbitrum (ARB) is currently under intense scrutiny, fueled by recent data revealing a remarkable surge of over 95% in the past month. The cryptocurrency community is abuzz with discussions, particularly regarding potential airdrop-related influences on the ARB token’s price. Arbitrum, a prominent Ethereum Layer 2 scaling solution, faced a dip in its price, reaching $0.74 after achieving an all-time high of $11.79 in May. This decline was attributed to profit-taking activities and the impact of airdrop sales that gained attention in April 2023. 🌟 Four out of the top ten $ARB DAO airdrop receivers still hold 70%+

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Arbitrum Witnesses Surge In TVL Amidst Successful Incentive Program

Arbitrum, a prominent layer 2 scaling solution for Ethereum, has experienced a notable surge in Total Value Locked (TVL) following the introduction of its Short Term Incentive Program (STIP). Launched with the intention of distributing 50 million $ARB to Dapps within the ecosystem, the program aims to catalyze network and ecosystem growth, with all incentives set to be distributed by January 31, 2024. 1/8 Arbitrum’s $ARB incentive program is showing early signs of success Since launch: TVL is up by 26%. New users up 27%. Some protocols seeing 50x growth per $ spent on incentives Let’s dive in 👇 —

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Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges

Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count SurgesIn the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions […]

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