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Arbitrum Drops 7.5% in One Hour to $0.1694 Amid $3.48M Long Liquidations

Arbitrum fell from $0.1832, while 24-hour losses reached 7.78%. The figures were measured on Binance spot markets at 12:28 a.m. ET Friday.

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A metallic coin rests beside a sharply declining market marker / TokenPost.ai
A metallic coin rests beside a sharply declining market marker / TokenPost.ai

Arbitrum (ARB) fell 7.53% in one hour to $0.1694 at 12:28 a.m. ET Friday (04:28 UTC), extending its 24-hour decline to 7.78%.

The token was trading at $0.1832 one hour earlier. The price figures were measured from Binance’s ARB/USDT spot market using exchange prices collected by TokenPost.

Long Arbitrum liquidations totaled $3.48 million across Binance, Bybit and OKX during the same one-hour period. Short liquidations amounted to $20,000.

Arbitrum ranked 70th by market capitalization at about $1.22665 billion.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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