incredible 😲😳
on-chain analysis $ARB
92% of addresses hold between 0 and 1k dollars in $ARB against only nearly 8% who hold between 1k and +100k dollars in tokens. Which would mean that only whales and big investors have control over the project including the treasury and the team.
it is therefore not a cryptocurrency for retailers.
Let us also note that not all the coins have been distributed and most of them belong to investors who participated in the ICO, in the long term $ARB risk of being bearish.
if you had already made a ×2 withdraw your initial stake and let your capital gain ride the bullish wave of the bull market that is brewing.
image source: coinmarketcap.