Arbitrum’s native token, $ARB, has been trading below $1 for the past two weeks, experiencing a significant 33% drop over the last 30 days. Earlier today, two wallets associated with @GSR_io deposited a total of 3.466 million $ARB (approximately $3.92 million) to Binance, depleting their $ARB holdings. 10 hours ago, 2 wallets (belong to @GSR_io) deposited totally 3.466M $ARB (~$3.92M) to #Binance. Those are last $ARB in these 2 wallets. Addresses:https://t.co/3P0txcWO9Chttps://t.co/BjIjlwO7wE pic.twitter.com/PfxX5V5NWR — The Data Nerd (@OnchainDataNerd) June 26, 2024 Despite the bearish sentiment, the Arbitrum DAO has proposed an intriguing initiative to launch $ARB staking. The proposal suggests using
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