Arbitrum Price Bounce Puts a Possible 12% Rally Scenario in Focus

Three Things to Know Binance wants ArbitrumDAO to release a large block of frozen ETH and ARB tied to a hack. ARB's daily bounce has stalled right at its 50-day average, while momentum still leans lower. A move through the next resistance would tell traders whether the rebound has real legs. Binance has formally asked ArbitrumDAO to hand back frozen crypto linked to a past hack. The decision now rests with Arbitrum's token holders and their governance vote. The request comes as ARB stages a sharp short-term rebound after a weak month. A release could return millions of tokens to circulation, which traders see as potential new supply. Traders now want to see whether buyers can turn this bounce into a breakout before the DAO decides.

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