According to Lookonchain, the past 7 days saw stablecoin balances (USDT and USDC) on Arbitrum surge by $381.3 million, while Ethereum experienced a decrease of $374 million in the same tokens (source: x.com/lookonchain). This significant shift indicates growing user preference for Arbitrum’s layer-2 ecosystem, potentially driving increased DeFi activity and yield farming on Arbitrum. Traders should monitor liquidity migration and potential arbitrage opportunities between chains, as this movement could impact token prices, transaction volumes, and overall market sentiment.