ARB continues to pressurize, and market data show that derivatives and chain-based financial flows are changing at the same time. In the past 24 hours, the ARB has seen a double-digit drop, still about 96 per cent below its historical height, and short-line emotions are clearly emptied.
Multiple liquidations are significantly higher than empty.
The liquidation structure of the permanent contract market shows that the fall was more devastating for the viewing of the silos. Over the past 24 hours, the multi-liquidation value of the ARB has been approximately US$ 75.07 million, with only about US$ 7480 in empty liquidation, a gap that is nearly 100 times greater.
This means that the leverage of the bets has been concentrated in the fall and the seller ' s short-lines remain active. The article mentions that there is still technical inverse space for prices if top liquidity is triggered, but the current downward pressure is not alleviated.
Stability currency continues to flow out of Arbitrum
The chain of money flows is also reinforcing the signs of weakness. Since 15 June, stable currency outflows from the Arbitrum chain have continued faster than inflows, with only one day of net inflows recorded.
- Stable currency inflows: approximately $45.58 million
- Stable currency outflows: approximately $236.48 million
- Net outflow size: approximately $190.9 million
Based on the data in the text, large net outflows usually mean that users and funds are being evacuated, with a consequent slowdown in chain activity.
TVL is almost even, price test support.
The total lock value of Arbitrum has not recovered significantly in parallel with the outflow of stable currencies. According to the paper, TVL has remained largely at about US$ 1285 million in the near future, indicating that the new funds are not visible and that the market is more open.
Based on price trends, ARB is testing a critical support area. This position has been the subject of several rebounds in the past, but the current change in hold is not ideal. Accumulation/distribution indicators show that the holder continues to sell, and the turnover rises to about 547.9 million ARBs in the price fall.
If the pressure continues to accumulate, the lower target mentioned in the text is in the vicinity of 0.073 to 0.074, which is also the lower position touched by the ARB earlier this month.