The highly anticipated massive unlocking of the Ethereum layer 2 project Arbitrum (ARB) has taken place.
at Arbitrum 1.12 billion tokensThe unlocking that will put the product on the market took place today at 16.00. The amount of tokens in circulation after unlocking 77%After the lock opening corresponding to , all eyes turned to the price. Token’s current supply It increased from 1.4 billion to 2.5 billion.
Many analysts ArbitrumAlthough he said that he had already priced in this development that would take place before the lock opening, the wait was still on to see how the opening would impact.
After the lock opening, the price rose to 1.96 and at its peak down 8% to 1.81 decreased to levels. experienced average 10% round trip After the move, the price is currently 2% in 24 hours with a fall $1.83 moving in levels.
