Operation by big investors? Amber Group injects another 8,000 ETH into Binance, is short-term market turmoil imminent?
Latest developments:
Amber Group has just deposited 8,000 ETH into Binance, worth about $20.35 million. This is their fifth large-scale transfer in the past month, totaling 57,000 ETH, worth about $156.19 million.
Analysis:
Such a huge amount of ETH transferred to the exchange often means that the short-term market may usher in fluctuations. Is it for cashing out? Or does it indicate that the market is about to usher in a new market? In any case, operations of this scale deserve the attention of all investors.
Summary:
Every move of big investors may cause market fluctuations. Prepare a response strategy and don't be caught off guard by the market. Pay attention to Jiaoshou, interpret market trends at the first time, and make accurate layouts!
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