BigLava

Arb speculation

Short
BigLava Updated   
BINANCE:ARBUSDT   ARB / TetherUS
Not looking good here.

Chances of reaching $0.50?

Pretty much every spot buyer is at a loss.

Capitulation?
Comment:
Capitulation:

A whale has recently liquidated 4 million ARB tokens on the open market but still holds approximately 13 million ARB , equivalent to around $10 million. It's likely that this whale may continue to sell during any price rebounds. This could be an opportunity for retail investors to consider entering the market at a favorable spot price, especially if the whale fully offloads their remaining holdings. NFA

Proof: arbiscan.io/address/...10e0bd34ee5174f703f7
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