ARB, the token of Arbitrum, fell 10% in 24 hours, dropping from near $0.25 to a low of $0.214 before trading around $0.217. Trading volume declined 31%, while USD inflows turned negative at -$12.8 million after hitting $503 million three days earlier. Long liquidations reached $1.9 million and Open Interest fell 10% to $290 million, signaling a significant pullback from traders. Despite this decline, the price remains above its short-term moving average, and bulls must defend the $0.20 level to preserve any chance of recovery toward $0.24.
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