Giant Cryptocurrency Company Amber Group Has Allegedly Been Accumulating This Altcoin for Nearly a Month

It was reported that Amber Group, one of the leading names in the cryptocurrency market, made a significant investment in ANT by accumulating a total of 734,651 Aragon (ANT) from Binance and FalconX at an average price of $ 4.44.

This investment, amounting to approximately 3.26 million dollars, was made through three different addresses, started on August 26, 2023 and is still ongoing.

The last transaction occurred on September 30 at 02:24, and Amber Group purchased another 47.8 thousand ANT from Binance at a price of $5.08. This latest entry represents an investment of approximately $227k.

In the past month, ANT price has increased significantly from $4.24 to $5.03, showing a significant increase of approximately 19%. This price increase resulted in a total gain of $431K for Amber Group, estimated at a 13.2% return on investment.

However, ANT price continued its rise after this stage and is trading at $ 5.14 at the time of writing this article.

Currently, Amber Group holds all its ANTs at three addresses used for these transactions.

*This is not investment advice.