Arbitrum’s [ARB] inception is posing a threat to investors’ interest in GMX?

GMX’s daily active users (DAUs) declined slightly, but the DAUs of ARB increased. On-chain performance suggested lowered investor interest, and indicators looked bearish. Lookonchain’s data revealed a transaction on 25 March, which seemed concerning for GMX. As per the tweet, a whale exchanged all of its GMX for Arbitrum [ARB]. The whale had earlier bought