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Arbitrum (ARB) drops 7.41% in one hour amid $1.79M long liquidations on major exchanges

Market News
06 Oct 2026
Tokenpost
View Source
Bearish
Arbitrum (ARB) drops 7.41% in one hour amid $1.79M long liquidations on major exchanges

Arbitrum (ARB) experienced a sharp decline of 7.41% within one hour, falling to $0.1848 as of 10:03 p.m. ET Tuesday. This drop extended its 24-hour loss to 9.59%, driven by $1.79 million in long liquidations across major exchanges including Binance, Bybit, and OKX. No short liquidations were reported during this period. ARB's market capitalization is approximately $1.32 billion, ranking it 68th among cryptocurrencies by market value. This significant sell-off highlights increased selling pressure and volatility in the ARB market.

Arbitrum's market cap stands at Rp23.76 trillion as of Oct 07, 2026 09:21 WIB, with a 24-hour trading volume of Rp2.43 trillion on Pluang. The token's price has dropped 7.91% in the past day, closely aligning with the sharp decline noted in the article. Pluang data shows a nearly balanced order activity with 51% selling and 49% buying, and typical hold time for ARB investors is 63 days, indicating moderate-term interest despite recent volatility.

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