The cryptocurrency Arbitrum (ARB) has been experiencing volatility recently, but it also demonstrates some steady movement. A wallet linked to the Arbitrum team has sent 20 million ARB tokens, valued at $20.85 million, to Coinbase at an average price of $1.04. Data shows that this wallet has moved a total of 250 million ARB tokens, worth $244.43 million, to Coinbase over the past year. The ARB price chart indicates both bullish and bearish movements, with the price finding support at $1.04 but facing resistance at $1.06. Trading volume has increased significantly, suggesting strong participation and liquidity in the market. Technical indicators show that ARB is nearing overbought territory and there is short-term downward pressure. As always, readers are advised to exercise caution and do their own research before making any investment decisions.



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