Giant Cryptocurrency Market Makers Become Active: They Started Accumulating Two Altcoins

It was claimed that Amber Group, one of the leading participants in the cryptocurrency market, withdrew a significant amount of Arbitrum (ARB) tokens from Binance. The whale, identified as 0x011 and suspected to be Amber Group, reportedly attracted 2.00 million ARB, equivalent to $2.36 million.

Over the past month, Amber Group allegedly raised 3.9 million ARB worth $4.35 million from Binance at an average price of $1,114. 1.9 million ARB ($1.99 million) of these tokens were transferred to 0x1ee. Currently, whale 0x011 holds 2 million ARB ($2.36 million), while address 0x1ee holds an impressive 11.86 million ARB ($14 million).

In addition, market makers withdrew 3.02 million Worldcoin (WLD) ($7.61 million) from Binance and OKX in the last 4 hours.

Amber Group attracted WLD 2.02 million ($5.09 million) from OKX. Remarkably, all these WLD tokens were later transferred to address 0x978, which currently holds 2.64 million WLD ($6.74 million).

Additionally, whale 0xbd8, likely a market maker, withdrew 1 million WLD ($2.52 million) from Binance. While whale 0xbd8 withdrew a total of 1.3 million WLD ($3.23 million) from Binance and OKX in the last 24 hours, it accumulated 300 thousand WLD before the pump. Currently this whale costs 7.57 million WLD ($19.4 million).

*This is not investment advice.