OP, MNT and ARB Drop 7–10%, Outperforming BTC and ETH Losses
- —OP fell 10%, four times Bitcoin's decline
- —MNT lost 9.7%, ARB dropped 7.1% in 24 hours
- —BTC -2.3%, ETH -3.7%, CoinDesk 100 -3%
- —Futures volume rose 16% to $182.85B, open interest fell 1% to $152.6B
Why it matters: Weakness in L2 tokens signals capital rotating out of Ethereum's scaling sector amid broad risk-off.
Source: Koin Bülteni