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The suspected Amber address transferred 240,000 ARB to Coinbase, and a total of 540,000 ARB has been transferred to the exchange in the past two days.

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According to on-chain analyst @ai_9684xtpa, half an hour ago, an address suspected to belong to Amber Group transferred 240,000 ARB tokens worth $475,000 to Coinbase.

Over the past two days, this address has accumulated a total of 540,000 ARB tokens to exchanges, with an average cost of $1.84 per token.

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