In the recent whale transfers in the cryptocurrency market, edgeX's treasury has seen key capital movement —

$50 million in funds flowing from multiple addresses into edgeX,

with the capital scale decreasing from $190 million to $140 million.

Among them, the addresses of Amber Group and other large holders (0xab5...7Be) transferred approximately 50 million USDC into the edgeX treasury, and the receiving address (0xc8B...783) currently holds around 75 million USDC.

This capital movement is not accidental, as it hides key signals:

The edgeX token TGE is approaching: funds may be used for buybacks or market making.

The edgeX token (EDGE) will undergo its TGE (Token Generation Event) in 3 days,

and this injection of funds is likely to be used for token buybacks or market making, providing support for the token's launch and liquidity.

This operation indicates that the market will face new supply changes, potentially exacerbating the market volatility of the token.

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