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Crypto

Amber Group Wallet Withdraws $10M in Assets from Binance

Guavy AI Editorial Team
Instruments
ETH BNB LINK AAVE ENA
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A wallet associated with Amber Group, a global crypto financial services firm, has withdrawn approximately $9.97 million worth of digital assets from Binance.

The transaction occurred about six hours ago and involved five different tokens: ENA, AAVE, ETH, BNB, and LINK.

ENA tokens comprised the bulk of the value, with 38.89 million tokens valued at around $3.58 million being withdrawn.

This large withdrawal from an exchange wallet is often interpreted as a signal that the recipient intends to hold the assets rather than trade them immediately.

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