73% of Arbitrum Traders Bet Bullish—Will ARB Ride the Longs to a Breakout?

Arbitrum’s trading crowd flips overwhelmingly long—a rare consensus in crypto’s divided markets. Now the question: Can ARB convert trader optimism into actual price momentum?

Most layer-2 tokens still struggle to decouple from Bitcoin’s mood swings. But with three-quarters of Arbitrum positions now bullish, the stage might be set for a rare altcoin show of strength.

Cue the usual suspects: exchange listings, influencer hype, and that one hedge fund intern tweeting ’this time it’s different.’

Price and volume jump together

At press time, ARB hovered around $0.34, up 1.25% in 24 hours. Interestingly, trading volume ROSE by 7% over the same window—suggesting not just price action, but growing participation.

While examining the on-chain metrics alongside the current price momentum, it appears that the upward trend is likely to continue in the coming days.

Data from ARB Spot Inflow/Outflow revealed that exchanges have witnessed an outflow of a massive $1.55 million worth of ARB tokens in the past 48 hours.

This substantial outflow indicates potential accumulation, as the asset has been moved from exchanges to wallets.

Source: Coinglass

Such outflows can create buying pressure and contribute to further upward momentum.

73% of top Binance traders go long on ARB

In addition to the notable outflow, the Binance ARBUSDT Long/Short Ratio stood at 2.74 at press time, indicating strong bullish sentiment among traders. Thus, for every 2.74 long positions, there is only one short position.

In fact, the data showed that 73.26% of top ARB traders on Binance held long positions, while 26.74% held short positions.

Source: Coinglass

Meanwhile, Open Interest (OI) rose 11% in a day, pointing to more positions opening—predominantly long. Having said that, key liquidation zones added more context.

Supporting traders’ bullish bets, data revealed that major liquidation levels were concentrated NEAR $0.316 on the downside and $0.344 on the upside, as traders appeared to be over-leveraged at these levels.

At the lower range, $4.92 million worth of longs had built up. Near the upper band, $1.18 million in shorts stood vulnerable. This setup reflected Leveraged optimism, though it also carried risk if the price failed to hold.

Source: Coinglass

When combining all these metrics, it appears that the bulls are currently in control, which could support the asset in continuing its upward move.