Arbitrum: As THIS group hits historical low, mapping ARB’s road ahead – BitRss

• ARB declined by 19.42% over the past month.
• Arbitrum’s holder in profit declined to 7%, hitting a historical low.

Over the past three weeks, Arbitrum [ARB] has experienced a sustained decline, from a high of $0.95 to $0.58, eventually reaching $0.63 at press time. This marked a 3.47% decline on daily charts.

The recent market conditions have left the crypto market community worried about a potential crash as profitability for holders declines.

Holder profitability hits historic low

According to IntoTheBlock, Arbitrum has seen the largest drop in profitability for investors, with most holders operating at a loss.

At this price level, only 7% of ARB holders are in profit. This implies that 89% of holders are at a loss, while only 4% are at the money.