Arbitrum ($ARB )
The second-level (L2) altcoin ARB has attracted the attention of large investors this week. According to Santiment, holders of 1 million to 10 million tokens purchased 10 million ARB over the past week, increasing their holdings to 2.45 billion tokens at the time of publication.
This trend may boost confidence among small investors and stimulate their activity. If retail demand increases alongside the activity of large investors, it will create momentum for ARB to break out of the sideways trend.
If demand rises, ARB may overcome resistance at $0.52 and move towards $0.57.
If sell-offs continue, the price may fall to $0.45. #wct @WalletConnect
