According to Odaily, Amber Group has reportedly become the sole market maker for BLAST. The information was revealed by on-chain analyst @ai_9684xtpa, who noted that the group received 220 million tokens from the project team four hours prior. These tokens were subsequently distributed to three different addresses.
The receiving address 0x584...77075 had received 0.149 ETH from Amber as miner fees, transferred to the Blast network four hours earlier. This development marks a significant move for Amber Group in the cryptocurrency market, as it takes on the role of the only market maker for BLAST.
However, the details of the agreement between Amber Group and BLAST, including the terms and conditions, have not been disclosed. It remains to be seen how this new role will impact Amber Group's operations and the overall performance of BLAST tokens in the market.