Arbitrum (ARB) has experienced a significant price surge this week, driven by both whale and retail trader activity. Despite recording the largest negative chain netflow in the past seven days, ARB has seen increased buying pressure from large investors, stabilizing the market. This has subsequently fueled demand from retail traders, contributing to ARB’s continued recovery.
has reversed course. Over the past week, it surged by 24.03% and has extended its upward momentum with a 4.85% gain in the last 24 hours.
A negative chain netflow, as seen with ARB, typically indicates reduced user activity and waning confidence in the asset, which can lead to price declines. One notable metric is the funding rate, which has risen steadily and now sits at 0.0082%. This indicates bullish market sentiment, with long traders paying a premium to keep their contracts active.
Arbitrum ARB Cryptocurrency Chain Netflow Whales Retail Traders
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