Arbitrum’s liquidity surge – Start of a recovery or false signal? – BitRss

• In the last 24 hours, ARB recorded the highest chain netflow among major blockchains.
• However, transaction sizes have declined, and overall market interest has dropped.

After an 11.91% drop in price last week, Arbitrum [ARB] continued its downward trend at press time. While the daily timeframe showed a smaller 1.10% decline, the sustained price pressure highlighted limited upside potential.

AMBCrypto’s analysis indicated that ARB may face further declines despite its recent network gains, as market participants remained cautious and unconvinced.

Liquidity surge in ARB: A positive sign?

ARB has seen a significant increase in liquidity, with chain netflow spiking to $15.78 million over the past 24 hours, according to Artemis.

This puts it ahead of Ethereum [ETH] and other major blockchains in terms of net asset movement.