ARB up 20% in a week due to whale activity.

The ARB token, which is the native token of the Arbitrum network, has experienced a 20% increase in price in the past seven days. The Arbitrum network is a Layer-2 scaling solution for the Ethereum blockchain that aims to boost transaction speed, scalability, and privacy on the Ethereum network. Although the ARB token initially fell below $1 in June, it has since shown signs of recovery, increasing by over 30% since June 15. The daily Relative Strength Index (RSI) indicates increased buying pressure for ARB. The ARB token is currently trading at $1.21, with a 6% gain in the past 24 hours and a trading volume of over $373 million. The market has seen significant whale activity in the past few days, with some major whale accumulation in the past 24 hours. Investors should be on the lookout for any more whale transactions that may affect the Arbitrum market.

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