The position value of Arbitrum Treasury has risen to a peak of $7 billion

According to Blockworks, as investors chase Ethereum-related tokens during the period when Bitcoin spot ETF was approved, the trading price of ARB token has been above $2 for most of January, which in turn has driven a significant increase in the value of Arbitrum treasury holdings. Data from DeepDAO shows that the value of Arbitrum treasury holdings has risen from around $3 billion in October 2023 to a peak of $7 billion, currently falling back to around $6.6 billion. However, due to the lack of market depth for ARB to absorb most of its value, the DAO currently does not have the ability to consume billions of dollars.