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Arbitrum (ARB) jumps 4.73% in one hour amid heavy short-position liquidations

Market News
20 Oct 2026
Tokenpost
View Source
Bullish
Arbitrum (ARB) jumps 4.73% in one hour amid heavy short-position liquidations

Arbitrum (ARB) token surged 4.73% within one hour on October 20, reaching $0.1972 on Binance, driven by significant short-position liquidations across Binance, Bybit, and OKX. About $70,000 in short positions were liquidated, far exceeding the $10,000 in long liquidations, signaling strong market moves. Despite this sharp hourly rise, ARB's 24-hour gain was a more modest 1.44%. ARB remains the 67th largest crypto by market cap, valued at approximately $1.3 billion. This volatility highlights active trading and potential shifts in market sentiment for ARB.

While Arbitrum (ARB) surged 4.73% in one hour on Binance, on Pluang it trades at Rp3.382 with a 1-day decline of 4.49% as of Oct 21, 2026 06:51 WIB. ARB's market cap on Pluang stands at Rp23,21 trillion, with a high 24-hour trading volume of Rp4,87 trillion. Notably, 63% of Pluang orders are sell orders, contrasting with the strong short liquidation activity reported on Binance, indicating differing trader sentiment across platforms.

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