随着鲸鱼和零售贸易商推动复苏，Arbitrum（ARB）扭转了长达一个月的跌势

在经历了一个月 19.37% 的下跌之后，Arbitrum [ARB] 已经扭转了颓势。近一周大涨24.03%，延续上涨势头

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.

在经历了一个月 19.37% 的下跌之后，Arbitrum [ARB] 已经扭转了颓势。过去一周暴涨24.03%，并延续上涨势头，近24小时涨幅达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.

最近的数据表明，ARB 的复苏是由鲸鱼和零售交易商的强劲参与推动的。尽管当前的市场情绪支持进一步增长，但这一趋势的潜在风险仍然存在。

Key points:

要点：

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

* 链上净流数据显示最大资金流出来自 Arbitrum。

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

* 单一鲸鱼交易有助于在抛售压力下稳定 ARB。

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

* 零售交易者通过更高的融资利率推动看涨势头，现货交易者将 ARB 转移到私人钱包。

Massive chain outflow poses a risk to ARB gains

大规模链外流对ARB收益构成风险

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.

随着 Arbitrum (ARB) fiyatı 在过去一周飙升，一项关键的链上指标暗示了这一看涨趋势的潜在风险。据Artemis链网流数据显示，近7天ARB录得最大负链流。

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 的巨额资本流出达到-1.652 亿美元，突显了在此期间观察到的最高的链式净流出。值得注意的是，这一流出量超过了以太坊、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.

链网流量反映了整个区块链上资产的总流动情况。它的计算方式是所有地址的总流入量（收到的资产）和流出量（发送的资产）之间的差值。

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，负链净流量通常表明用户活动减少以及对该资产的信心减弱，这可能导致价格下跌。然而，其他因素也可能影响价格走势。

Whales prevent further ARB decline

鲸鱼阻止 ARB 进一步下降

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.

尽管Arbitrum（ARB）面临巨大的抛售压力，但单笔鲸鱼交易在稳定资产和防止价格大幅下跌方面发挥了至关重要的作用。

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的数据显示，过去24小时内大额交易量激增。在这些交易中，有一笔交易以大额买单脱颖而出。

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 的流动，价值 257,660 美元。这一可能的购买订单也与同期 4% 的价格上涨同时发生。

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 将鲸鱼定义为控制资产总供应量 1% 或以上的地址。鲸鱼的如此大规模的购买往往会对更广泛的市场产生连锁反应。

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.

在这种情况下，大额鲸鱼交易可能会引发零售交易者的需求增加，进一步支持 ARB 从近期抛售中复苏。

Retail demand surges higher

零售需求飙升

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.

随着 Arbitrum (ARB) fiyatı 从近期低点回升，零售交易者的关键市场指标表明对该资产看涨价格走势的信心和活动不断增强。

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.

一项值得注意的指标是融资利率，该利率稳步上升，目前为 0.0082%。该指标反映了交易者为保持期货合约持仓而支付的费用。

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，正的资金利率表明市场情绪看涨，多头交易者支付溢价以保持合约活跃，而空头交易者则收到付款。

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.

另一个重要指标是未平仓合约，它反映了未结算衍生品合约的总名义价值。对于 ARB，未平仓合约在过去 24 小时内增长了 8.81%，达到 2.5601 亿美元。

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

未平仓合约的增加表明市场投机活动加剧，有利于 Arbitrum (ARB) 进一步上涨。

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，现货交易者也表现出将ARB从交易所转移到私人钱包以长期持有的偏好。过去24小时内，ARB从交易所净转出超过239万美元。

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

资产从交易所转移到私人钱包可能会导致供应紧张，特别是在市场需求仍然很高的情况下。