Data: The value of Arbitrum's treasury holdings has currently increased to 6.6 billion dollars

ChainCatcher news, according to Blockworks, as investors chase Ethereum-related tokens during the approval period of the Bitcoin spot ETF, the ARB token traded above $2 for most of January, which significantly boosted the value of the Arbitrum treasury holdings.

DeepDAO data shows that the value of Arbitrum treasury holdings has risen from about $3 billion in October 2023 to a peak of $7 billion, currently retreating to around $6.6 billion. However, due to the lack of market depth to absorb most of the value, the DAO currently does not have the capacity to spend billions of dollars.