Arbitrum Rises 4.3% in One Hour to $0.1972 as Short Liquidations Reach $250,000

Arbitrum (ARB) rose 4.28% in one hour to $0.1972 at 9:33 p.m. ET Saturday (01:33 UTC Sunday), extending its 24-hour gain to 6.71%.

TokenPost’s direct collection of public exchange prices showed ARB at $0.1891 one hour earlier. The current price was recorded on Binance’s ARB/USDT spot market.

Short liquidations totaled $250,000 across Binance, Bybit and OKX during the same one-hour period, while long liquidations totaled $0. The figures indicate that traders holding bearish leveraged positions accounted for the reported liquidations.

Arbitrum ranked 68th by market capitalization, with an estimated value of about $1.33085 billion at the time of measurement.