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Amber Group transferred 330,000 DYDX to an address starting with 0x4E4, and subsequently deposited all of them into CEX

Amber Group transferred 330,000 DYDX to an address starting with 0x4E4, and subsequently deposited all of them into CEX

2024/04/04 08:29

Mars Finance reports that according to on-chain analyst @ai_9684xtpa, 20 minutes ago, Amber Group transferred 330,000 DYDX to the address 0x4E4...4Df6e and then deposited all of it into CEX, worth $1 million. 

The address starting with 0x4E4 had participated in a large-scale sell-off of DYDX from November 15th to November 18th, pushing the coin price down by 12%. From November 15th, 2023 until now, this address has cumulatively deposited a total of 4.93 million DYDX into CEX with a total value of $15.42 million. The Amber Group's address currently still holds about two point fifty-three million DYDX coins valued at approximately seven point sixty-nine million dollars.

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