Ethereum

Arbitrum

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Arbitrum, a leading&nbsp;<a href="https://u.today/ethereum-etf-issuers-make-move-toward-final-approval" rel="noopener noreferrer nofollow">Ethereum</a> layer-2 solution, is facing worrying challenges, as 97% of its holders are currently enduring losses. According to recent data from&nbsp;<a href="https://app.intotheblock.com/coin/ARB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock</a>, this trend reveals that the majority of Arbitrum (ARB) investors are "out of the money," indicating that their holdings are at a loss.
The figures highlight a concerning situation, with approximately 1.15 million addresses collectively holding 6.67 billion ARB, equating to roughly $4.53 billion at current market rates.&nbsp; <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="37c9f9ef-c7a7-4677-a690-99a279bb1778" src="https://u.today/sites/default/files/inline-images/arbb.png">Source: <a href="https://app.intotheblock.com/coin/ARB/deep-dive?group=all&amp;chart=all" rel="noopener noreferrer nofollow">IntoTheBlock</a>
This positions&nbsp;<a href="https://u.today/arbitrum-arb-hits-2-million-daily-transaction-milestone-amid-crucial-update" rel="noopener noreferrer nofollow">Arbitrum</a> as the foremost cryptocurrency with a market capitalization exceeding $1 billion, where the ratio of holders experiencing losses vastly outweighs those seeing gains.
<h2 dir="ltr" id="no-optimism">No optimism</h2>
Arbitrum's fully diluted market capitalization stands at $6.75 billion, yet only $2.18 billion worth of ARB shows a profit. A significant portion of these losses stems from investments made in Arbitrum tokens priced between $1.31 and $1.5 per token. <img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="f37dc5c8-99e9-4a83-a2cf-d607b628b958" src="https://u.today/sites/default/files/inline-images/arbitrumcoins.png">ARB to USD by <a href="https://coinmarketcap.com/currencies/arbitrum/" rel="noopener noreferrer nofollow">CoinMarketCap</a>
This group comprises 172,440 addresses holding 2.98 billion ARB tokens, making it the largest segment of loss-making ARB holders. For instance, Arbitrum's price is currently around $0.67 per ARB token, with some variation depending on the exchange.
Despite being a leading&nbsp;<a href="https://u.today/polygon-suppresses-bitcoin-and-ethereum-in-major-metric" rel="noopener noreferrer nofollow">Ethereum L2</a>, Arbitrum's price performance has been weak, leading to a widespread negative financial impact on its investor base. The data underscores the challenging market conditions for ARB holders, reflecting broader market perturbations affected by fear and greed.

Ethereum L2 Nightmare: Shocking 97% of Arbitrum Holders Suffer Losses

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