Who gets the last word on $31M of frozen crypto — a DAO vote, or Binance?
$ARB is holding near $0.168, up about 1.3% on roughly $84M in volume, while $BTC just drifts near $75,697. The spark is governance, not price: Binance asked the Arbitrum DAO on Nov 5 to return 8,400+ ETH and 74.5M ARB the Security Council froze after tracing them to the Binance exploit — a vote process that runs about seven weeks.
Hold above $0.17 and traders start eyeing $0.19; lose $0.15 and the chart points toward $0.14 while the vote drags on. Do you think holders hand the funds back, or vote to keep them frozen?
#Arbitrum #CryptoMarket #BinanceSquare
$ARB is holding near $0.168, up about 1.3% on roughly $84M in volume, while $BTC just drifts near $75,697. The spark is governance, not price: Binance asked the Arbitrum DAO on Nov 5 to return 8,400+ ETH and 74.5M ARB the Security Council froze after tracing them to the Binance exploit — a vote process that runs about seven weeks.
Hold above $0.17 and traders start eyeing $0.19; lose $0.15 and the chart points toward $0.14 while the vote drags on. Do you think holders hand the funds back, or vote to keep them frozen?
#Arbitrum #CryptoMarket #BinanceSquare