Arbitrum Rises 4.08% in One Hour to $0.1962 on Binance Spot

Arbitrum (ARB) rose 4.08% in one hour to $0.1962 on Binance’s ARB/USDT spot market at 9:50 p.m. ET Oct. 20 (01:50 UTC Oct. 21), while remaining lower over 24 hours.

TokenPost directly collected the public Binance spot price and calculated the hourly change from $0.1885 one hour earlier. At the same observation time, ARB was down 1.51% from 24 hours earlier. The hourly gain and daily decline measure different periods ending at the same price snapshot.

During that hour, TokenPost’s tally across Binance, Bybit and OKX showed $20,000 in short-position liquidations and $0 in long-position liquidations. Short positions are bets on a falling price. A liquidation is the forced closure of a leveraged trade. The tally covers those three exchanges over the same one-hour period as the price move.

Arbitrum ranked No. 68 by market capitalization, at about $1.29829 billion. The $0.1962 price reflects the Binance ARB/USDT spot pair at the stated observation time.