Amber Group Transfers 50 Million USDC to edgeX

AirdropBlackHole · 2026-03-28T11:55:45+00:00

On March 28th, Ember reported that edgeX's treasury dropped by $50 million. Amber Group transferred 50 million USDC to edgeX, which will use the funds for token buybacks or market making as the EDGE token's TGE approaches.

AirdropBlackHole

2026-03-28 11:55:45

Abstract generation in progress

On March 28th, according to on-chain analyst Ember, the edgeX treasury recently saw a decrease of $50 million, with its total funds dropping from $190 million to $140 million. Two addresses, including Amber Group (0xab5…7Be), transferred 50 million USDC to edgeX. The receiving address (0xc8B…783) currently holds approximately 75 million USDC. The EDGE token is scheduled for TGE in three days, and these funds are intended for token buybacks or market making.

EDGE-2.71%

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