隨著鯨魚和零售貿易商推動復甦，Arbitrum（ARB）扭轉了長達一個月的跌勢

在經歷了一個月 19.37% 的下跌之後，Arbitrum [ARB] 已經扭轉了頹勢。近一周大漲24.03%，延續上漲動能

After a month-long decline of 19.37%, Arbitrum [ARB] has reversed course. Over the past week, it surged by 24.03% and has extended its upward momentum with a 4.85% gain in the last 24 hours.

在經歷了一個月 19.37% 的下跌之後，Arbitrum [ARB] 已經扭轉了頹勢。過去一周暴漲24.03%，並延續上漲勢頭，近24小時漲幅達4.85%。

Recent data suggests that ARB’s recovery is being driven by strong participation from whales and retail traders. While current market sentiment supports further growth, potential risks to this trend remain.

最近的數據表明，ARB 的復甦是由鯨魚和零售交易商的強勁參與所推動的。儘管當前的市場情緒支持進一步成長，但這一趨勢的潛在風險仍然存在。

Key points:

要點：

* Chain netflow data reveals the largest capital outflow from Arbitrum.

* 鏈上淨流資料顯示最大資金流出來自 Arbitrum。

* A single whale transaction helps stabilize ARB amid selling pressure.

* 單一鯨魚交易有助於在拋售壓力下穩定 ARB。

* Retail traders drive bullish momentum with higher funding rates and spot traders transfer ARB to private wallets.

* 零售交易者透過更高的融資利率推動看漲勢頭，現貨交易者將 ARB​​ 轉移到私人錢包。

Massive chain outflow poses a risk to ARB gains

大規模鏈外流對ARB效益構成風險

As Arbitrum (ARB) fiyatı soared over the past week, a crucial on-chain metric hinted at potential risks to this bullish trend. According toArtemis, chain netflow data revealed that over the last seven days, ARB recorded the largest negative chain netflow.

隨著 Arbitrum (ARB) fiyatı 在過去一周飆升，一項關鍵的鏈上指標暗示了這一看漲趨勢的潛在風險。根據Artemis鍊網流數據顯示，近7天ARB錄得最大負鏈流。

This massive capital outflow from Arbitrum stood at -$165.2 million, highlighting the highest chain netflow outflow observed during this period. Notably, this outflow surpassed that of Ethereum, Avalanche, SUI, and Injective.

Arbitrum 的巨額資本流出達到-1.652 億美元，突顯了在此期間觀察到的最高的鍊式淨流出。值得注意的是，這一流出量超過了以太坊、Avalanche、SUI 和 Injective。

Chain netflow reflects the total movement of assets across a blockchain. It is calculated as the difference between total inflows (assets received) and outflows (assets sent) across all addresses.

鍊網流量反映了整個區塊鏈上資產的總流動情況。它的計算方式是所有地址的總流入量（收到的資產）和流出量（發送的資產）之間的差異。

A negative chain netflow, as seen with ARB, typically indicates reduced user activity and waning confidence in the asset, which can lead to price declines. However, other factors may also influence price movements.

如 ARB 所示，負鏈淨流量通常表示用戶活動減少以及對該資產的信心減弱，這可能導致價格下跌。然而，其他因素也可能影響價格走勢。

Whales prevent further ARB decline

鯨魚阻止 ARB 進一步下降

Despite Arbitrum (ARB) facing significant selling pressure, a single whale transaction played a crucial role in stabilizing the asset and preventing a sharp price drop.

儘管Arbitrum（ARB）面臨巨大的拋售壓力，但單筆鯨魚交易在穩定資產和防止價格大幅下跌方面發揮了至關重要的作用。

According to data from IntoTheBlock, there was a surge in large transaction volume over the past 24 hours. Among these transactions, one stood out with a large buy order.

IntoTheBlock的數據顯示，過去24小時內大額交易量激增。在這些交易中，有一筆交易以大額買單脫穎而出。

This transaction involved the movement of 281,420 ARB, valued at $257,660. This likely buy order also coincided with a 4% price increase during the same period.

本次交易涉及 281,420 ARB 的流動，價值 257,660 美元。這項可能的購買訂單也與同期 4% 的價格上漲同時發生。

IntoTheBlock defines a whale as an address controlling 1% or more of an asset’s total supply. Such significant purchases by whales often have a ripple effect on the broader market.

IntoTheBlock 將鯨魚定義為控制資產總供應量 1% 或以上的地址。鯨魚的如此大規模的購買往往會對更廣泛的市場產生連鎖反應。

In this case, the large whale transaction might have sparked increased demand among retail traders, further supporting ARB’s recovery from the recent sell-off.

在這種情況下，大額鯨魚交易可能會引發零售交易者的需求增加，進一步支持 ARB 從近期拋售中復甦。

Retail demand surges higher

零售需求飆升

As Arbitrum (ARB) fiyatı recovers from recent lows, key market metrics among retail traders indicated growing confidence and activity in the asset’s bullish price movement.

隨著 Arbitrum (ARB) fiyatı 從近期低點回升，零售交易者的關鍵市場指標顯示對該資產看漲價格走勢的信心和活動不斷增強。

One notable metric is the funding rate, which has risen steadily and now sits at 0.0082%. This metric reflects the payments made by traders to keep their positions open on a futures contract.

一項值得注意的指標是融資利率，利率穩定上升，目前為 0.0082%。此指標反映了交易者為維持期貨合約持股所支付的費用。

A positive funding rate, as seen with ARB, indicates bullish market sentiment, with long traders paying a premium to keep their contracts active, while short traders receive the payments.

正如 ARB 所示，正的資金利率表明市場情緒看漲，多頭交易者支付溢價以保持合約活躍，而空頭交易者則收到付款。

Another important metric is open interest, which reflects the total notional value of unsettled derivative contracts. For ARB, open interest jumped by 8.81% over the last 24 hours to reach $256.01 million.

另一個重要指標是未平倉合約，它反映了未結算衍生性合約的總名目價值。對於 ARB，未平倉合約在過去 24 小時內成長了 8.81%，達到 2.5,601 億美元。

This increase in open interest suggests heightened speculative activity in the market that favors further gains for Arbitrum (ARB).

未平倉合約的增加表明市場投機活動加劇，有利於 Arbitrum (ARB) 進一步上漲。

Additionally, spot traders are also showing preference for transferring ARB from exchanges to private wallets for long-term holding. Over the past 24 hours, there has been a net transfer of over $2.39 million in ARB moving out of exchanges.

此外，現貨交易者也表現出將ARB從交易所轉移到私人錢包以長期持有的偏好。過去24小時內，ARB從交易所淨轉出超過239萬美元。

This movement of assets from exchanges to private wallets can potentially contribute to a supply squeeze, especially if demand remains high in the market.

資產從交易所轉移到私人錢包可能會導致供應緊張，特別是在市場需求仍然很高的情況下。