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ARB supply concerns rise as 22M tokens move to Coinbase amid price near key support.

Technical Signals
31 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Arbitrum-linked wallets transferred 22 million ARB tokens to Coinbase in 24 hours, raising concerns about increased market supply. Despite this, nearly $11 million worth of ARB left centralized exchanges over the past week, indicating ongoing accumulation by investors. ARB's price weakened after breaking below its ascending channel, trading near a critical support level of $0.1006, with bearish sentiment growing as reflected by negative funding rates. If buyers defend this support, ARB could stabilize and attempt a recovery; otherwise, further declines are likely.

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