Two addresses linked to Amber Group and the Ethena Foundation deposited a total of 3,956 ETH worth $13.24 million into Coinbase and Binance. Meanwhile, an Arrington Capital-related address withdrew 5,500 ETH valued at $18.51 million from Coinbase. Deposits to exchanges often signal potential selling intentions, whereas withdrawals usually imply holding or buying strategies.
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Large ETH Transfers by Amber Group, Ethena Indicate Possible Upcoming Sell-Off
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