As of February 9, 2025, Arbitrum (ARB) has seen a significant decline in value, reaching an all-time low of $0.37 three days ago. Following this drop, the cryptocurrency has experienced a slight recovery, currently trading at $0.459, marking a 6.38% increase in the last 24 hours.
- Arbitrum reached an all-time low of $0.37.
- 0% of ARB holders are in profit.
- Sellers dominate the market with strong bearish sentiment.
- Arbitrum's Sharpe ratio is at -5.49.
- Whales sold over 550.2k ARB tokens recently.
- Potential decline to $0.42 if bearish sentiment continues.
The recent downturn in Arbitrum’s value has left all holders at a loss, according to data from IntoTheBlock. Currently, 99% of ARB holders are experiencing losses, with only 1% at breakeven. This situation indicates a lack of confidence among investors, leading many to panic sell during price rebounds.
Key statistics include:
- New all-time low of $0.37 recorded three days ago.
- Current trading price at $0.459, a 6.38% increase.
- 20.11% decline over the past week and 38.9% over the past month.
Market sentiment remains bearish, with a significant number of sellers dominating the market. The Chaikin Money Flow (CMF) for Arbitrum has dropped to -14, indicating strong selling pressure. Additionally, the Sharpe ratio has fallen to -5.49, suggesting that returns are not compensating for the risks associated with holding ARB. Large holders, or whales, have also been selling off their positions, with over 550,200 ARB tokens sold in the last day, signaling a lack of confidence in the asset’s future performance.
In summary, Arbitrum’s recent price drop has left all holders at a loss, with strong bearish sentiment prevailing in the market. If this trend continues, ARB could face further declines, potentially dropping to $0.42 or lower. Conversely, if buyers seize the opportunity to purchase at these lower prices, there may be a chance for a recovery towards $0.5.
