Arbitrum's ARB token is under significant bearish pressure, dropping roughly 96% from its all-time high and experiencing double-digit losses in the last 24 hours. Long traders faced liquidations totaling over $750,000, while shorts lost under $7,500, indicating strong selling against bullish positions. On-chain data shows a net outflow of nearly $191 million in stablecoins from the Arbitrum network since mid-June, signaling users are exiting. Despite some support levels that previously triggered rallies, current indicators suggest continued selling pressure, with potential price targets near $0.073 if the downtrend persists. Overall, investor confidence appears to be fading as money leaves the network and holders offload ARB tokens.
Arbitrum (ARB) traded between $0.19 and $0.20 on October 12, showing little price movement with a slight 0.15% gain over 24 hours. Futures open interest on Binance dropped by 7.86%, indicating some position closures, but market direction remains uncl...
Arbitrum (ARB) surged 5.28% on Sunday, continuing a 21.34% recovery from its October 8 low of $0.162. The token's bullish trend remains intact after breaking a significant resistance level in early September, with key price zones around $0.183-$0.186...
Arbitrum (ARB) surged 5.28% on October 11, contributing to a 1% rise in the altcoin market cap to $1.12 trillion. The rally is part of a broader trend where Layer 2 tokens have outperformed Bitcoin and other crypto sectors, driven by increased networ...
Starknet (STRK) surged 23.79% to $0.119, leading gains among the top 90 cryptocurrencies excluding stablecoins. This follows a previous 61.82% rise, highlighting strong momentum. Other notable gainers include Aptos (13.30%), Ether.fi (7.98%), Arbitru...
On October 11, Starknet (STRK) led the top 89 cryptocurrencies by market cap with a 61.82% gain in 24 hours, reaching $0.115. This significant rise continued its streak as a market leader in gains, while most other cryptocurrencies declined. Aerodrom...
