$ARB , news just broke: a whale withdrew 10 million ARB from a CEX.
Bearish news is out, so reduce leverage first and take your time assessing the situation. Where the price is within the range matters more than the news itself.
Pick a side in the comments: type 1 if you're bullish, or 2 if you're bearish.

Volatility is high, so size your positions according to your risk tolerance.