According to on-chain analyst @ai_9684xtpa, Amber Group has transferred a large amount of ARB in the past nine hours. They deposited 1 million ARB into Coinbase, worth $1.63 million, and transferred 5.82 million ARB to address 0xcba...a8bab for Coinbase deposit testing or possible transfer to an exchange.
All ARB from address 0x1ee...94dF4 has been transferred out, with a total of 8.54 million ARB deposited into exchanges by 2024, worth $16.29 million.