Amber Group Tied to $9.97M Binance Exit Amid Crypto Market Crash
A multi-token exit worth $9.97 million was detected on Binance, reportedly tied to Amber Group. The wallet in question pulled out various tokens, including ENA (38.89 million units valued at $3.58 million), AAVE (28,262 units for $2.52 million), ETH (1,140 units priced at $2.18 million), BNB (2,017 units worth $1.2 million), and LINK (59,202 units at $490,000).
The exit has sparked interest in the price of ENA, with models now factoring this large movement into their predictions. Currently, the 4-hour chart shows ENA testing its upper Bollinger resistance at $0.09, while technical indicators such as RSI and MACD suggest overbought conditions and a potential retracement.
The analysis suggests that before any continuation of the broader crypto market crash, ENA may retrace toward its EMA50 support level at $0.09.