Q: Premia Labs was attacked, and around $400,000 worth of treasury assets on Arbitrum have been stolen. What impact will this have on price action?
A: At times like this, the worst thing to do is trade emotionally. Reduce your position according to plan. I’d use the low from before the news was released as a reference point: holding above it is bullish; falling back below it is bearish.
$ARB Currently at 0.1642.

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