Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal

Positive Ethereum and Arbitrum network developments and the eventual improvement in crypto investor sentiment could lend a boost to the ARB price.Nansen’s data shows that the “smart money” and funds that accumulated ARB after the airdrop still haven’t sold, which is encouraging. The on-chain analytics firm tags Ethereum addresses of high-volume and profitable traders as “smart money.”