TechFlow reports, according to on-chain analyst AI Aunt's monitoring, Amber Group has started large-scale transfers of ARB over the past nine hours, depositing 1 million ARB into Coinbase, worth $1.63 million.
Transferred 5.82 million ARB to an address starting with 0xcba and conducted a Coinbase deposit test, potentially preparing for exchange deposits. All ARB from the address starting with 0x1ee have now been fully transferred out. In 2024, a total of 8.54 million ARB, worth $16.29 million, have been deposited into exchanges.
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