Arbitrum 鯨魚出走引發了對市場問題的擔憂

Is the Arbitrum Whale Exodus a Sign of Trouble Ahead?

仲裁鯨出走是未來麻煩的徵兆嗎？

Recent tremors in the cryptocurrency Arbitrum have raised eyebrows after a pod of so-called "whales," or major ARB token holders, decided to shift their digital assets to exchanges. This move follows the unlocking of a hefty stash of tokens earlier this month, sending ripples through the market.

在一群所謂的「鯨魚」或主要 ARB 代幣持有者決定將其數位資產轉移到交易所後，加密貨幣 Arbitrum 最近的震動引起了人們的關注。本月早些時候，大量代幣被解鎖，此舉在市場上引起了軒然大波。

Four Wallets Make a $18.5 Million Splash

四款錢包引起了 1850 萬美元的轟動

On March 23, blockchain data sleuths at Lookonchain detected a coordinated movement of 11.34 million ARB tokens from four wallets to Binance, the cryptocurrency trading behemoth. This maneuver, coming on the heels of the unlocking of $2.32 billion worth of tokens on March 16, carried a price tag of roughly $18.5 million at the time of transfer.

3 月 23 日，Lookonchain 的區塊鏈資料探員偵測到 1,134 萬個 ARB 代幣從四個錢包協同轉移到加密貨幣交易巨頭幣安。這項舉措是在 3 月 16 日解鎖價值 23.2 億美元的代幣之後進行的，轉移時的價格約為 1850 萬美元。

Crypto Community Split on Token Transfers

加密貨幣社群在代幣轉移方面存在分歧

The Arbitrum ecosystem's recent fund shuffles have divided the crypto community. Some, like an anonymous sage on social media, view the transfers as a harbinger of a potential sell-off, while others remain optimistic.

Arbitrum 生態系統最近的基金洗牌使加密貨幣社區出現了分裂。有些人，例如社群媒體上的匿名聖人，將此次轉讓視為潛在拋售的先兆，而有些人則保持樂觀。

Not the First Whale Dance

這不是第一次鯨魚舞

These recent token movements aren't an isolated incident. Last week, Lookonchain reported that 11 whales had offloaded $58 million worth of ARB tokens to exchanges. This occurred shortly after Arbitrum, a layer-2 blockchain project, announced it would release $2.3 billion in tokens following a vesting period. Of these tokens, 673.5 million were earmarked for advisors and team members, while 438.25 million were allocated to investors.

最近的這些代幣變動並不是一個孤立的事件。上週，Lookonchain 報道稱，11 家鯨魚已將價值 5,800 萬美元的 ARB 代幣出售給交易所。這是在第二層區塊鏈項目 Arbitrum 宣布將在歸屬期後發行 23 億美元的代幣後不久發生的。其中，6.735 億枚指定給顧問和團隊成員，4.3825 億枚分配給投資者。

ARB Prices on a Downward Spiral Since Unlock

自解鎖以來 ARB 價格呈螺旋式下降

The release of these tokens was executed via a "cliff release," where all tokens became available at once. This sparked speculation about a potential mass sale, though some hoped for a more tempered scenario.

這些代幣的釋放是透過「懸崖釋放」執行的，所有代幣都立即可用。這引發了人們對潛在大規模出售的猜測，儘管有些人希望情況會更加溫和。

Since the token unlock, ARB prices have exhibited a downward trajectory. For instance, the ARB token's value plummeted from a high of $2.22 on March 13 to $1.84 on March 16, the day of the unlock. In the ensuing week, the price dipped further to $1.48 before rebounding to $1.79 on March 21. At the time of writing, the token's price hovers around $1.70, representing a decline of almost 29% from its all-time high of $2.39 on January 12, according to CoinGecko data.

自代幣解鎖以來，ARB 價格呈現下降趨勢。例如，ARB 代幣的價格從 3 月 13 日的高點 2.22 美元暴跌至 3 月 16 日（解鎖日）的 1.84 美元。接下來的一周，價格進一步下跌至1.48 美元，然後在3 月21 日反彈至1.79 美元。截至撰寫本文時，該代幣的價格徘徊在1.70 美元左右，較1 月12 日的歷史高點2.39 美元下跌了近29% ，根據 CoinGecko 數據。

Another Token Release on the Horizon

另一個代幣即將發布

These developments may not signal the end of the price downturn. According to Token Unlocks, a crypto vesting tracker, Arbitrum faces another potential challenge with the scheduled release of an additional 92.65 million ARB tokens on April 16, intended for advisors, team members, and investors. The market eagerly awaits the impact this upcoming event will have on prices and overall sentiment around Arbitrum.

這些事態發展可能並不意味著價格低迷的結束。據加密貨幣歸屬追蹤器 Token Unlocks 稱，Arbitrum 面臨另一個潛在挑戰，計劃於 4 月 16 日額外發行 9,265 萬個 ARB 代幣，供顧問、團隊成員和投資者使用。市場熱切等待這一即將發生的事件將對 Arbitrum 的價格和整體情緒產生影響。