- ARB’s $35M unlock on May 16 adds 92.63M tokens, impacting 1.95% of market cap and distributed to early investors and team.
- ARB trades at $0.3832, up by 35% monthly, nearing key $0.39 resistance with RSI at 68.27 and bullish MACD momentum forming.
- Post unlock volatility expected; key levels include $0.37 support and $0.42–$0.50 resistance zone amid rising trading volume.
Arbitrum (ARB) is approaching a major unlock event, with 92.63 million tokens set for release on May 16, 2025. According to CryptoRank, this unlock represents approximately $35.39 million in value and accounts for 0.93% of ARB’s total supply.
The unlocked tokens will be distributed to early investors and team members, contributing to 2.08% each from those respective rounds. This release also makes up about 1.95% of the token’s market capitalization.
The unlock comes as ARB is on the rise and is trading at $0.3832, a 5.12% increase over the last 24 hours and a 35.02% surge in the past month. However, despite this rally, ARB still trades far below its late 2024 peak of $1.20, having remained in consolidation between $0.30 and $0.38 for several weeks.
Unlock Breakdown and Supply Metrics
Tokenomist reported that ARB’s May 16 unlock will inject approximately $33.71 million into circulation, which equals 1.95% of the current circulating supply. This comes while the circulating supply itself is at 92.65 million ARB, with 41.26% of the total supply already unlocked.
The upcoming distribution follows a broader pattern of insider unlocks, with ARB ranking third in scale behind FTN and APT during the week of May 12 to 18. The remaining locked supply for ARB is at around 3.68 billion tokens, equivalent to $1.41 billion at present values.
Technical Indicators Show Cautious Momentum
Trading activity shows a noticeable recovery from the recent low near $0.30. ARB has surpassed minor resistance at $0.37, now testing the $0.39 level.
Technical indicators present a strong but cautious momentum. The RSI is at 68.27, close to the overbought zone. This indicates increasing demand, but with limited room for further upside before a potential cooldown.
Meanwhile, the MACD shows a positive spread, with the MACD line at 0.0098 and the signal line at 0.0035. Although bullish momentum is evident, the narrow spread suggests it remains in early formation.
Price Levels to Watch and Possible Scenarios
Support for ARB is at $0.37, $0.34, and $0.30, while resistance appears at $0.39, $0.42, and $0.50. A confirmed break above $0.39 could shift focus toward the $0.42–$0.50 zone. However, if sell pressure rises following the unlock, the price could revisit the $0.34 support.
The daily trading volume now is at 17.14 million ARB, as per TradingView data. This spike in activity is likely from the broader crypto market positivity and anticipation surrounding the May 16 unlock, which may directly influence near term price behavior.
