CCN - March 2024 could see a major cryptocurrency market shift due to a $2.9 billion token unlock, with Arbitrum (ARB) facing the biggest price impact due to its own massive token release

https://www.ccn.com/analysis/more-than-billion-arb-unlocked-on-march-16-will-arbitrum-price-dump/

A large amount of cryptocurrency tokens, worth over $2.9 billion, are scheduled to be unlocked in March 2024.

This could significantly impact the market, especially the price of Arbitrum (ARB) tokens, due to a massive unlock of 2.2 billion ARBs.

The price of ARB has been forming a symmetrical triangle pattern, indicating potential future price movements in either direction.

Whether the price goes up or down depends on which direction the triangle breaks.

Beware of the upcoming Arbitrum unlock!!