### Impressive Rise of ARB: Robinhood Rumors Drive 40% Increase 🚀$ARB

Start of the Surge

The price of ARB has risen by 40% in just one week, primarily driven by speculation about a potential partnership between Robinhood and Arbitrum to create a blockchain platform for European investors to trade American stocks.

This enthusiasm is reflected in on-chain metrics:

- Active addresses increased by 25% to 418.4 thousand in 24 hours

- The price steadily rose from $0.30 to $0.37 over the past day

- Trading volume surged significantly during the initial rise

However, it appears that some major holders are taking profits:

- The Gelato network transferred 20 million ARB to market maker GSR

- Anchorage Digital transferred 50.1 million ARB ($15.3 million) to Wintermute

- One wallet deposited 63.27 million ARB ($19.8 million) across major exchanges

While the Robinhood rumor has created significant momentum, these large sell-offs from whales suggest that caution may be warranted in the short term. Keep an eye on this developing story! 📊