Suspected Amber Group address recently withdrew 500,000 ARB from Binance.
According to Spot On Chain data on June 20th, a whale address starting with 0x011d (suspected to be Amber Group) withdrew 500,000 ARB tokens (approximately $50.4k) from Binance about 22 hours ago. Currently, Amber holds 10.8 million ARB tokens (approximately $10.9 million) in their wallet address 0x1ee.
Additionally, Offchain Labs, the development team behind Arbitrum, has withdrawn a total of 4.59 million ARB tokens (approximately $4.63 million) from Binance and FalconX. The last reported inflow of ARB funds was 1.16 million tokens received from Binance 2 days ago.