@tokito
Offchain Labs is buying ARB from the market โ
๐ฃ The Offchain Labs team has announced (source) a strategic plan to purchase ARB tokens on the open market. This move aims to increase their own holdings and support the Arbitrum ecosystem.
๐ฃ Such actions typically signal long-term confidence in the project and can positively impact the tokenโs price by reducing its available supply. ๐