Arbitrum Jumps 13% to $0.241 as Robinhood Chain Integration Fuels RWA Narrative
- —ARB gained 13.38% to $0.241 over 24 hours
- —Open interest in ARB derivatives rose 12% to $332 million
- —Longs make up 60% of leveraged positions, raising liquidation risk
- —Token broke resistance at $0.225 and trades above key EMAs
Why it matters: ARB's rally on the Robinhood Chain integration confirms demand for the RWA narrative, but heavy long positioning raises the risk of a sharp pullback.
Source: Cryptonews.net