Crypto Trading Platform Amber Group-Linked Addresses Transfer Large Volume of BICO Tokens to Coinbase
Publication Time:2024-09-11 23:16:08
Blockchain data analyst @ai_9684xtpa reported that two hours ago, an extensive transaction was carried out by an address associated with Amber Group, depositing a total of 5 million BICO tokens into the Coinbase platform. The value of this transaction is approximately $1.06 million. However, it is worth noting that selling these tokens at this time could result in potential losses of up to $780,000. This suggests that market conditions may be unfavorable for these holders or they are awaiting a more opportune moment to sell. Previously, this address received 8.38 million BICO tokens worth $8.38 million six months ago, with some of them purchased from the Binance platform at an average price of $0.368 per token, totaling 13.26 million tokens. The remaining portion was obtained through the project unlocking process.
Coinbase
crypto trading
Amber Group
Blockchain Data Analysis
BICO Tokens