Arbitrum Token Faces Pressure as Whale Selling Intensifies

Arbitrum's native token, ARB, is facing continued pressure, approaching its all-time low despite broader market recoveries. According to NS3.AI, significant selling activity by large holders, who have offloaded over 60 million ARB tokens in the past three weeks, is impacting price momentum. The token's key support levels are under threat, indicating potential further declines unless investor sentiment shifts decisively.