97% of ARB holders are losing money, is there still hope for ARB?

The L2 ecosystem of the Ethereum blockchain is growing every day. However, the much-watched Arbitrum has failed to sustain. Among Ethereum's Layer 2 solutions, Arbitrum has become the worst-performing L2.

ARB token falls

Arbitrum has proven to be a losing trade for investors. Since the token was launched in January 2023, it has been in a state of continuous decline. From October 23 to January 24, the ARB token only saw a slight increase in three months. The rest of the time, the ARB token only disappointed investors.

Data shows that only 0.02% of ARB holders are in profit, 3% of holders are neither profitable nor losing money, and the proportion of losses is as high as 97%, and more than 1.15 million addresses bear this loss burden.

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