its price have rebounded with remarkable price and even indicates that its growth may keep continue for whole year
I expect dump due to huge unlock that's coming in March [1], and more unlocks every 4 weeks after that. We are in bullish market and these unlocks have bearish impact, I'm not sure who will win here but I sold portion of ARB received from airdrop few days ago. It was surprisingly perfect moment to sell, cause it dumped shortly after.
[1]
https://defillama.com/unlocks/arbitrumYup, it's gonna be on March 16 and as said before it's going to be 87% of the current supply. That's almost double. I'm pretty sure a lot of those guys will start unloading as it's a cliff unlock. Meaning all those tokens are available for selling at the date of the unlock.
And those ARB tokens are the allo for the team and the early investors. But it would be bullish if the team and the investors decide to relock for another year. :/ We'll see...