Arbitrum (ARB) Whales Transfer 10.5M Tokens From Binance: What’s Next for Price?

Arbitrum (ARB) Whales Transfer 10.5M Tokens From Binance: What’s Next for Price?

Various whales have withdrawn 10 million ARB tokens from Binance over the past three days. The price has been on an upward trend this time.
While the daily time frame readings are bullish, short-term ones are bearish, suggesting that an initial retracement will occur before more upside.
Moving above the midline of the current short-term pattern will suggest that the trend is still bullish, catalyzing an upward movement to the pattern's resistance line.