$ARB drops 8% to $0.1046 in a strong downtrend with extreme fear (F&G 11) and institutional selling dominating. Long whale positions surged 3x to 107M at $0.1423, signaling aggressive accumulation and potential bottom. Shorts are mostly underwater, creating squeeze potential above $0.1550. Watch support at $0.1039; break risks $0.1020, but whale activity hints at a possible bullish reversal if accumulation continues.