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Amber Group deposits 5800 ETH into Copper, approximately $18.06 million
Amber Group is a cryptocurrency financial services company that mainly provides digital asset trading, asset management, liquidity provision, wealth management, and market making services for institutions and high-net-worth clients.
According to Onchain Lens monitoring, Amber Group deposited (off-chain secure environment) 5,800 ETH into a Copper account four hours ago, worth approximately $18.06 million.
Amber Group is most likely using Copper for secure trading or liquidity management. This is a normal institutional operation, usually indicating preparations for large trades on exchanges (such as market making, arbitrage, or derivatives), rather than direct selling or selling pressure.
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