Just now, RootData’s token unlock data showed that Arbitrum (ARB) will unlock approximately 123.53 million tokens at 9:00 a.m. Beijing time on November 16, worth approximately $21.62 million.
The news is somewhat negative. $ARB is currently trading at 0.1761.
Markets sometimes price things in ahead of time, so prices may fall after the news comes out. Was your first reaction that this was good news or bad news?

This is not investment advice or a recommendation to buy or sell. You are responsible for your own gains and losses.