DW Labs has transferred 10 million IDs to an address suspected to belong to Amber Group

According to Spot On Chain monitoring, DW Labs has transferred 10 million IDs (worth $3.47 million) to a suspected Amber Group address 0xec9. Notably, DWF Labs accumulated 10 million IDs (worth $2.74 million) from Binance and Amber Group at an average price of $0.274 on December 12, 2023. This means that if sold now, a profit of $730,000 would be made.