#ARB Unlocking
Arbitrum (ARB) Unlocking and Market Sentiment
Arbitrum will release 2.77% of its circulating supply, or $50.38 million. The token is currently trading at $0.550100, with a 24-hour trading volume of $241,291,285. ARB is up 6.31% over the past 24 hours, taking its market cap to $1.84 billion. ARB’s circulating supply is 3,339,278,542 coins.
In addition, the On Balance Volume (OBV) indicator shows that short-term holders are accumulating ARB, indicating a potential price recovery. If this trend continues, ARB could break above its previous all-time high and reach $3.89 by the end of 2024.