Arbitrum
Why Arbitrum is down 2.0% in the last hour
Analysis
Arbitrum (ARB) fell about 2.0% over the past hour as risk sentiment weakened following reports of a major security incident impacting the ecosystem. U.Today reported a “massive $290 million hack” affecting Ethereum and Arbitrum, which likely triggered short-term selling pressure as traders reacted to exploit-related headlines.
Contributing Factors (1)
Massive $290 Million Hack Hits Ethereum and Arbitrum
One of the largest decentralized finance (DeFi) exploits of 2026 took place on Saturday..
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.