According to Chain analyst Yu Jin,  9 hours ago, the Amber Group address (0x011d) withdrew 2,839,737 OP coins (worth 5.17 million US dollars) from Binance after the OP rose on the OP. In the past three days, the address has withdrawn a total of 5,369,521 OP coins (worth 9.55 million US dollars) from Binance. OP has also risen by 13% in the past three days (from $1.64 to $1.85).

Amber Group's managing partner Annabelle Huang pointed out that the current percentage of family offices investing in virtual assets is less than 1%, but there is still room for improvement in the future. However, during the interest rate hike cycle, investors have more high-yield investment options, such as private debt or specific markets, with returns of up to 10% to 20%. Therefore, the industry should consider the true value of virtual assets. Annabelle Huang stated that investors have witnessed market volatility over the past 15 years, especially in the past two years, and therefore still face many issues regarding asset security. She pointed out that Amber Group is customizing different structures for family office clients to help them accumulate virtual assets and ensure asset security.

According to Lookonchain monitoring, not only FalconX is accumulating LDO, but Amber Group also seems to be accumulating. An address related to Amber withdrew 1.19 million LDO (worth $1.8 million) from Binance 5 hours ago, and has accumulated 4.46 million LDO (worth $6.78 million) since August 18.

According to on-chain data analyst Yu Jin, on October 10th, reported that both Amber Group and FBG Capital received a distribution of 60 million BIGTIME tokens in the past few days. Yesterday at 10am, after OKX opened for deposits, both institutions deposited 45 million BIGTIME tokens each. It is expected that both institutions are market makers in the BIGTIME market.

0X011 address (presumably Amber Group) purchased LDO and MKR from Binance 11 to 19 hours ago, and acquired BLUR from OKX. The total value is 4.85 million US dollars.

June 28 (Cointime) -According to Spotonchain, Amber Group appears to have received 2 million BLUR tokens from OKX at an average price of $0.36 (about $726,000) about an hour ago via a wallet address beginning with 0x011.

Sinohope, the MPC self-custodial platform of New Huo Tech, has officially partnered with Amber Group, a leading global provider of crypto financial intelligence services. The two companies will conduct in-depth communication and close cooperation around secure and compliant custody technologies for virtual assets.

Sinohope, the MPC self-custodial platform of New Huo Tech, has officially partnered with Amber Group, a leading global provider of digital wealth management and crypto native liquidity solutions.

Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported. 

The fund has a scale of $10 million and aims to encourage more companies to settle in Hong Kong by combining blockchain and artificial intelligence to provide a convenient and cost-effective platform.