Arbitrum is trading at $0.16, up 1.87% over 24 hours, according to the supplied Binance spot data. Binance futures show rising open interest and slightly positive funding, but the taker flow and mo...

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According to the supplied Binance spot data, Arbitrum is trading at $0.16 after a 1.87% gain over the past 24 hours, within a $0.17 to $0.16 range on $10,001,901 of spot volume. That keeps price close to the short-term pivot, but still below the 20-day average at $0.17 and the 50-day average at $0.19, which suggests the bounce has not yet repaired the broader setup.

The 7-day average sits at $0.16, so the market is not far from where it started the move. The 200-day average is $0.12, which shows the longer trend is not broken, but the near-term structure remains softer than the current day’s gain might imply.

The Binance futures data points to more participation, not necessarily stronger conviction. Open interest is reported at 209,448,789.70 contracts, while the daily open interest value is $35,815,786 and the 24-hour OI change is +5.89%, which means fresh positioning has entered the market.

0043% on the 8-hour settlement cycle. That means longs are paying shorts, but funding by itself is not a pure sentiment gauge; it mainly shows which side is paying to hold positions, not whether the crowd is uniformly bullish or whether the move is durable.

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