Arbitrum

Bitcoin

Rollbit Coin

The Graph

Coin

<p class="is-style-lead">Rollbit, Arbitrum, and The Graph bear the brunt of crypto market fluctuations as Bitcoin falls below $25k for the first time since June. </p> 
<p>Cryptocurrency markets have seen a slight wave of volatility, as the overall market is down by 2.8% in the past 24 hours. Among the top losers were Rollbit Coin (<a href="https://crypto.news/price/rollbit-coin/">RLB</a>), Arbitrum (<a href="https://crypto.news/price/arbitrum/">ARB</a>), and The Graph (<a href="https://crypto.news/price/the-graph/">GRT</a>).&nbsp;</p> 
<p>Rollbit Coin (RLB) nosedived 18.5% within a day, currently trading at $0.1293 at the time of writing. Arbitrum is also down by 10% over the same time frame.<br><br>Indexing token The Graph (GRT) experienced a 7% decline. At the same time, the NFT-based token ApeCoin (<a href="https://crypto.news/price/apecoin/">APE</a>) dropped by over 6.5%. A previous report revealed that <a href="https://crypto.news/onchain-data-96-of-ape-holders-are-in-red/">96% of APE holders</a> are currently operating at a loss, encompassing over 130,000 addresses.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/tweet-trend-and-trade-how-twitter-buzz-influences-crypto-prices/"> Tweet, trend, and trade: How Twitter buzz influences crypto prices </a> </p> 
<h2 class="wp-block-heading" id="arbitrum-whales-are-selling-at-a-loss">Arbitrum whales are selling at a loss&nbsp;</h2> 
<p>According to data from <a href="https://arbiscan.io/token/0x912ce59144191c1204e64559fe8253a0e49e6548?a=0x6950b033a816d04894da0929db9f96a82fad2808" target="_blank" rel="noopener">Arbiscan</a>, three large transfers to Binance involving over 10.23 million ARB, valued at approximately $8 million, took place today.</p> 
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   <p lang="en" dir="ltr">Today, 3 whales transferred 10.23 million ARB (valued at US$8 million) to Binance, including 0xe972 transferred 3.8 million ARB to Binance and sold it at $0.77 for 1,812 ETH. It still holds 13.78 million ARB; vladilena2.eth transferred 3.63 million ARB to Binance, the price was…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1701245448617435447?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">September 11, 2023</a>
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<p>Data from <a href="https://twitter.com/lookonchain/status/1701191536116154701?t=DRZaXgGoJVoswzswFGzdjA&amp;s=19" target="_blank" rel="noopener">Lookonchain</a> revealed that one specific whale had previously purchased 3.64 million ARB for 2,000 ETH ($3.27 million) at an average price of $0.9 since Sept. 3. Today, the same investor deposited all of these ARB assets to Binance, incurring a loss of approximately $300,000. These movements suggest that whales might be losing confidence in the token.&nbsp;</p> 
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   <p lang="en" dir="ltr">This whale deposited all 3.64M <a href="https://twitter.com/search?q=%24ARB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ARB</a>($2.87M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Binance</a> at a loss of ~300K 3 hours ago.<a href="https://t.co/8K9qAxsJWn" target="_blank">https://t.co/8K9qAxsJWn</a> <a href="https://t.co/k4v8nSvgcl" target="_blank">pic.twitter.com/k4v8nSvgcl</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1701191536116154701?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">September 11, 2023</a>
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<h2 class="wp-block-heading" id="sidebar-bitcoin-s-brief-dip-below-25-000">Sidebar: Bitcoin’s brief dip below $25,000</h2> 
<p>Amid these notable movements in the altcoin sphere, Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>) — the leading cryptocurrency — also experienced a momentary setback. For the first time in three months, its price briefly fell <a href="https://www.bloomberg.com/news/articles/2023-09-11/bitcoin-btc-slips-below-25-000-solana-sol-falls-on-ftx-speculation?utm_source=telegram&amp;utm_content=crypto&amp;utm_medium=social" target="_blank" rel="noopener">below the $25,000 mark</a>. </p> 
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<p>While it did not experience the drastic drops seen by the aforementioned altcoins, this temporary slide serves as another reminder of the market’s current condition.&nbsp;</p> 
<p> Read more: <a href="https://crypto.news/whale-mistakenly-pays-record-500k-fee-to-move-1-9k-btc/"> Whale mistakenly pays record $500k fee to move $1.9k BTC </a> </p>

Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

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