Arbitrum Drops 7.4% in One Hour to $0.1848 as Long Liquidations Reach $1.79 Million

Arbitrum (ARB) fell 7.41% in one hour to $0.1848 at 10:03 p.m. ET Tuesday (02:03 UTC), extending its 24-hour decline to 9.59% as long liquidations reached $1.79 million across major exchanges.

The price was $0.1996 one hour earlier. The one-hour move was calculated from Binance’s ARB/USDT spot market, with TokenPost’s direct collection of publicly available exchange prices.

Long liquidations across Binance, Bybit and OKX totaled $1.79 million during the same hour. Short liquidations totaled $0 million.

ARB’s market capitalization stood at approximately $1.32231 billion, placing it 68th among crypto assets by market value.