.lookonchain $ARB soared in price after two dormant whales bought huge bags of it
Today, ARB has been going up pretty fast, adding 6.73% and jumping from $0.1413 to the $0.2182 level, where it is trading at the time of this publication.
During the past seven days, i.e., since June 22, the ARB price has increased by more than 22%. The trading volume since yesterday has jumped by slightly under 44%, hitting $433 million, according to data shared by the CoinMarketCap platform. Arbitrum is not the only speculative token that is pumping now. BLUR has also demonstrated a rapid price surge — 27% within the last 24 hours and around 13% within the past week.
Now that investors are withdrawing funds from crypto behemoths like Bitcoin and Ethereum, they are putting it into more speculative tokens, like BLUR and ARB.Earlier today, South Korean crypto giant Upbit announced that it had added support for BLUR. It pushed the token's price up by roughly 27%, according to a tweet by @lookonchain.
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