Arbitrum surged 40% in a week as speculation around a Robinhood deal and rising volumes drew heavy trader interest.
GSR and Wintermute moved over 70M ARB in synchronized flows, pointing to structured market-making and treasury rotation.
Major funds like Paradigm and Teneo offloaded 63M ARB into exchanges, signaling sell pressure despite strong on-chain metrics.
Arbitrum’s native token $ARB has surged 40% in a week, climbing to $0.76 amid rising speculation and heavy on-chain activity. The rally coincides with a rumored partnership between Arbitrum and Robinhood, alongside aggressive whale transactions and market-making flows.
Price Surges as Robinhood Rumor Ignites Speculation
According to a detailed analysis by Lookonchain, $ARB’s recent rally was fueled by speculation around a Robinhood-Arbitrum collaboration. The partnership could enable European investors to trade U.S. stocks on a blockchain-powered platform.
While the partnership has not been confirmed, market reaction has been immediate. Traders drove ARB up from $0.306 to a high of $0.3867 before a brief pullback. ARB is now holding around $0.76 after jumping 18.3% in the past 24 hours. Its market cap has climbed to $1.78 billion, while the FDV sits near $3.6 billion. Trading volume topped $691 million, showing real momentum and rising demand across the board.
Whale Activity and Custody Movements Show Coordinated Flows
GSR Markets received 20M ARB from a multisig wallet possibly linked to Gelato Network. Since then, GSR moved millions of ARB across Binance and internal addresses, including three 2.657M ARB transfers and multiple smaller routing patterns.
In parallel, Anchorage Digital transferred 50.1M ARB to Wintermute’s hot wallet over two weeks. These flows were mirrored precisely, with identical ARB values shifted between custody and operational wallets.
Wintermute then distributed millions more to a single receiving wallet, which now holds 77.12M ARB. That address ranks as the 13th-largest ARB holder. Several transfers, including 10.157M ARB and 9.162M ARB, landed there in quick succession.
Trading Firms Sell Into Strength as On-Chain Volume Grows
Wallets tagged by Arkham as linked to Paradigm, Teneo, or DeFiance Capital deposited 63.27M ARB to Binance, Bybit, and OKX since June 14. These transfers included multiple million-dollar moves, often sent in rapid batches.
A June 17 move saw 1.516M ARB hit Bybit, while 500K ARB was routed to OKX at the same minute. Additional deposits of 4M ARB and 3.5M ARB followed shortly after, further confirming profit-taking behavior from major investors.
Despite heavy outflows, Arbitrum’s on-chain stats remain strong. Daily app revenue reached $137M, while chain revenue hit $12.6M. With over 421K active addresses, $ARB continues to show high engagement and capital rotation across DeFi.
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