Amber Group Adds $16.54 Million to Binance Ether Holdings

IconCryptoNewsTerminal Staff12 Sep, 2024

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Amber Group Adds $16.54 Million to Binance Ether Holdings

Amber Group, a leading crypto market maker, has deposited 7,000 ETH, valued at $16.54 million, to its Binance account. This transaction was revealed by on-chain analyst The Data Nerd, who noted that the deposit occurred four hours prior to their report. Following this deposit, Amber Group's total ETH holdings on Binance stand at 3,265 ETH. The move by Amber Group signifies their continued involvement in the cryptocurrency market despite recent market volatility. It also highlights the company's trust in Binance, one of the largest and most reputable crypto exchanges in the world.