Arbitrum (ARB) shed 4.01% on Oct. 20 in a one-hour slide that erased nearly all of an earlier gain, while long liquidations totaled $110,000 across three exchanges.
At 11:22 a.m. ET (15:22 UTC), Binance quoted ARB at $0.1891 in its spot market against Tether (USDT). The quote had been $0.197 an hour before. ARB was also 5.07% below its level 24 hours earlier, a separate comparison.
The tally for Binance, Bybit and OKX showed $110,000 in long positions forcibly closed during the falling hour and no short liquidations. Those figures cover the same hour as the 4.01% price decline.
The drop followed an earlier one-hour rise in Binance spot trading on Oct. 20. In that period, ARB climbed 4.73% from $0.1883 to $0.1972, while short liquidations across the three exchanges reached $70,000, compared with $10,000 for longs.
ARB’s estimated market capitalization was about $1.3575 billion, placing it 66th among crypto assets.
