Arbitrum Tests 50-Day Average as Binance Seeks DAO Fund Release
Arbitrum returned to its 50-day moving average while Binance called on ArbitrumDAO to release funds linked to hacked ETH and ARB.
Arbitrum returned to its 50-day moving average while Binance called on ArbitrumDAO to release funds linked to hacked ETH and ARB. Ethereum (ETH) is trading at ₹2,11,135 ($2,242.80). This is an original Token Times brief based on reporting by Crypto Daily, with live market data added, as of Sat, 07 Nov 2026 10:45:01 UTC.
A sustained move above the 50-day average could strengthen Arbitrum’s technical recovery, while the requested fund release could restore access to assets affected by an exploit.
- ARB traded at $0.1658, down 1.89% over 24 hours.
- A close above $0.19 is the cited threshold for the rally case.
- Binance asked ArbitrumDAO to unfreeze hacked ETH and ARB.
- Arbitrum TVL stands at $3.29 billion, according to DeFiLlama.
- Binance Addresses $3.5B Outflow Amid User Fund Safety Concerns
- Arbitrum Moves Stolen Binance Funds, Governance Vote Pending for Return
- Binance Seeks DAO Approval to Unlock Frozen ETH and ARB
- Arbitrum Tests 50-Day Average as Binance Seeks DAO Fund Release — this brief
Arbitrum’s ARB token rebounded toward its 50-day moving average, extending its weekly gain to 2.63% as of the supplied market data. Crypto Daily identified a close above $0.19 as the important level for the token’s possible 12% rally scenario. ARB was trading at $0.165826, however, so it remained below that threshold and was down 1.89% over the previous 24 hours.
The same report linked the technical setup to an on-chain governance issue: Binance has asked ArbitrumDAO to unfreeze ETH and ARB compromised through a hack. The supplied coverage did not specify the amount held in those funds, the precise conditions attached to the request or whether ArbitrumDAO has responded.
Independent on-chain data from DeFiLlama put Arbitrum’s total value locked at $3.29 billion, a 0.7% decline over seven days. That broader contraction provides context for the token’s bounce, which has occurred alongside a slightly lower TVL reading rather than a clear expansion in deployed capital.
The wider crypto market was flat, with total capitalization at $2.62 trillion, while
Bitcoin slipped 0.13% over 24 hours. The Fear & Greed index stood at 25, marking extreme fear. ETH traded at $2,243.66, up 0.33% over 24 hours and 0.17% over seven days, while ARB’s $1.14 billion market capitalization remained modest by comparison.
Attention now centers on whether ARB can remain above its 50-day average and move through $0.19, the level cited by Crypto Daily. The governance request is a separate watch point, with the immediate factual questions limited to the frozen balances, the DAO’s response and the status of the affected ETH and ARB.
Since this brief published about 1 hour ago, Ethereum (ETH) has moved from ₹2,11,216.31$2,243.66 to ₹2,11,135.35$2,242.80 — -0.04%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹223,147.39 (about $2,242.80), up 0.1% over 24 hours. The rupee itself trades about 5.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 7, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Arbitrum Tests 50-Day Average as Binance Seeks DAO Fund Rele — questions & answers
What price level matters for Arbitrum’s rally case?
Crypto Daily identified a close above $0.19 as important to the possible 12% rally scenario. ARB was trading at $0.165826 at the time of the supplied data.
What did Binance ask ArbitrumDAO to do?
Binance asked ArbitrumDAO to unfreeze ETH and ARB affected by a hack. The supplied report did not provide the amount or a DAO decision.
How much value is locked in Arbitrum?
DeFiLlama reported Arbitrum TVL of $3.29 billion, down 0.7% over seven days.
How much is 1 Ethereum worth in rupee today?
About ₹223,147.39 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,242.80. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto Daily. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.
