ambcrypto.com: Whales gather around Arbitrum – What’s brewing?

• Whales continued to buy ARB despite making a loss.
• Price movement remained steady. Activity on proposals remained high.

Arbitrum [ARB] was one of the most successful layer 2 solutions in 2023. Despite the protocol showing positive growth over the last year, the ARB token saw both ups and downs in its movement.

Realistic or not, here’s ARB’s market cap in BTC terms

Whales stay put

As per lookonchain’s information, a large Ethereum [ETH] holder previously lost 456 ETH, worth $1.3 million,…