Amber Group, a major player in the crypto and blockchain world, created a stir in the market this week with a big movement of the AI token $VIRTUAL. The company, with its solid market-making skills, deposited a fat 3.49 million $VIRTUAL tokens—worth about $3.04 million—into the market just 16 hours ago. This transacted had quite a dramatic impact on the price of the token, lighting up a sequence of price fluctuations that had many traders and analysts looking for a patch of scalp to scratch. Price Surge Followed by Rapid Decline The immediate aftermath of a token deposit by Amber
The post Amber Group’s $VIRTUAL Token Moves Spark Wild Price Swings appeared first on The Merkle News.
