With everyone talking about the new Arbitrum token and its transition into a DAO, twitter is also abuzz about what the transition means, and how the community is reacting towards the change. @Defi_Mochi, a prominent researcher, went throught the trouble to analyse market sentiments and activity in the 24 hours since the airdrop announcement. So what did he find?

A chart of how much capital was brought into Arbitrum over the past three months. There are two significant spikes, which @Defi_Mochi suspects is due to an influx of exchange listing and funds depositing capital into the system.