Stay updated: Amber Group Linked Address Moves $2.37M SAFE

IconCryptoNewsTerminal Staff20 May, 2024

cryptonews.jpg

Stay updated: Amber Group Linked Address Moves $2.37M SAFE

SpotOnchain, an on-chain data analytics provider, has monitored a sequence of SAFE withdrawals from centralized exchanges (CEXs) since April 27th. The withdrawals total 5.19 million SAFE ($11.09 million) with an average price of $2.135 per piece. Notably, Amber Group, a prominent crypto market maker, is linked to an address that recently withdrew 1.08 million SAFE ($2.37 million) from a CEX three hours ago. These withdrawals indicate activity within the SAFE ecosystem, potentially signaling growing interest or strategic allocation decisions. As the crypto market continues to evolve, it is crucial to stay informed about such movements to make informed investment choices.