Telegram ID: @Vipkhoone_manager

Arbitrum Slips Amidst Major Upgrade and Token Unlocks

Crypto Leak 140 Best Vip channels of the world

Arbitrum Slips Amidst Major Upgrade and Token Unlocks


In Brief

  • Arbitrum’s native cryptocurrency ARB witnessed a decline amidst anticipation surrounding two pivotal events.
  • As investors brace for a major token unlock event, Arbitrum’s price performance has come under scrutiny.
  • Notably, two whales offloaded approximately 3 million tokens, yielding a substantial profit of more than $3 million.

Arbitrum, a prominent Layer-2 network built on Ethereum, experienced a decline in its native cryptocurrency ARB compared to other leading Layer-2 assets in the past day. This dip comes amid anticipation surrounding two significant events expected to influence its price.

Ahead of the events, SpotOnchain detected two whales offloading approximately 3 million tokens for $6 million.

Ethereum Dencun Upgrade

On March 13, Ethereum is poised for its next significant advancement, the Dencun upgrade. This promises a paradigm shift towards reduced costs for Layer 2 blockchain networks.

Market observers have emphasized the significance of this upgrade, highlighting its potential to empower Layer-2 networks like Arbitrum to compete favorably against Layer-1 chains such as Solana.

“If successful, the upgrade will guarantee cost-efficiency and speed, and as such Dencun holds the potential to onboard even more digital asset entrepreneurs in addition to the thousands of protocols currently running on top of Ethereum,” crypto firm Nexo wrote.


Indeed, Arbitrum has expressed readiness for this crucial upgrade with the activation of ArbOS 20 Atlas, which introduces the Dencun upgrade to Arbitrum chains on Arbitrum Sepolia. Arbitrum Sepolia is a testnet chain mirroring Arbitrum One mainnet features.

This activation illustrates the network’s preparedness to implement Ethereum’s latest upgrade. According to DeFillama data, the total value of assets locked on the Arbitrum network is $3.6 billion, making it the largest Ethereum-based layer2 network.







Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Crypto leak

Godleak crypto leak service have multiple advantages in comparision with other services:

  •  Providing signal of +160 best crypto vip channels in the world
  • Using high tech bot to forward signals
  • Without even a second of delay
  • Joining in +160 separated channels on telegram
  • 1 month, 3 months , 6 months and yearly plans
  • Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features


Join for Free


Also you can check the list of available vip signal channels in the bot. by pressing Channels button.






$2 Billion Arbitrum Unlock

Three days after the Dencun upgrade, Arbitrum will have a major token unlock event that will double its circulating supply.

Token Unlocks data reveals the release of 1.1 billion ARB tokens, constituting 77% of the circulating supply and currently valued at $2.38 billion. The team and advisors will collectively share 673.5 million ARB, valued at approximately $1.44 billion. Meanwhile, investors expect 438.25 million ARB, amounting to $937.86 million.

This event carries significant weight for Arbitrum and could influence investor sentiment. Typically, investors view token unlocks as a bearish event that may exert additional selling pressure on the market.

Indeed, Arbitrum’s ARB was the weakest performer among the top five L2 tokens, witnessing a decrease of over 2% over the reporting period. Meanwhile, the sector as a whole showcased an average gain of 3.8% during the same timeframe.


Tags: , ,

Leave a Reply

Your email address will not be published. Required fields are marked *