Amber Group Deposits $10.35 Million in ENA to Binance Amid Strategic Movements

ETH

ETH/USDT

$2,492.73

-0.03%

$2,492.73

-0.03%

(24s)

24h Volume

$11,752,710,655.32

24h H/L

$2,523.30 / $2,470.57

Change: $52.73 (2.13%)

Long/Short

57.8%

Long: 57.8%Short: 42.2%

Funding Rate

+0.0031%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,495.27

▲ 0.41%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,566.53

Resistance 1$2,496.55

Price$2,495.27

Support 1$2,483.45

Support 2$2,366.59

Support 3$2,224.66

Pivot (PP):$2,478.24

Trend:Uptrend

RSI (14):63.5

COINOTAG News reports that significant movements in the ENA market have been observed recently, as highlighted by on-chain data analyst @ai_9684xtpa. Notably, Amber Group, a prominent liquidity provider in the ENA ecosystem, has made a strategic deposit of $10.35 million worth of ENA tokens to Binance within the last 12 hours. This transaction included a withdrawal of approximately 6.96 million tokens—equivalent to $2.5 million—from Binance two weeks ago at an average market price of $0.3979. In addition to this, Amber Group also received 21.87 million tokens, valued at around $7.85 million, from the Ethena Claim address between April and July of 2024. These developments underscore the ongoing liquidity dynamics in the ENA market and Amber Group’s proactive positioning.