Arbitrum Breaks Six-Month Resistance as Wintermute Transfers $1M in ARB Tokens

TLDR: ARB broke above its 21-day moving average for the first time in six months, signaling a potential trend reversal. The token rallied over 50% from its all-time low of $0.136 to current levels around $0.206 within weeks. Wintermute transferred 4 million ARB tokens worth $1 million to Binance within a 24-hour trading period. The [...]

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