ERA (Caldera) can be market made by GSR Markets and Amber Group.
According to on-chain tracking data from expert Aunt Ai (@ai_9684xtpa) on July 19, these two organizations continuously issued market Tokens in large volumes: Amber Group approximately 2.5 million Tokens, while GSR Markets approximately 2 million Tokens.
MAIN CONTENT
ERA (Caldera) shows signs of market making by two large investors.
Amber Group issued 2.5 million market Tokens.
GSR Markets is the issuer of 2 million market Tokens for ERA.
Who is making the market for ERA (Caldera)?
On-chain data from expert Aunt Ai indicates that GSR Markets and Amber Group are the two main market makers for ERA (Caldera), as evidenced by the large number of market Tokens they issue.
The enormous volume of Tokens issued by Amber Group (2.5 million Tokens) and GSR Markets (2 million Tokens) shows that both organizations play important roles in maintaining liquidity and adjusting the price of ERA in the market. These are reputable names in the global cryptocurrency market-making field.
Market making is a decisive factor that helps new projects maintain liquidity and support prices in the early stages of issuance.
Dr. Le Minh Tuan, Cryptocurrency Finance Expert, 2023
How do Amber Group and GSR Markets affect ERA?
The participation of Amber Group and GSR Markets with a large volume of Tokens demonstrates that they can significantly impact the price volatility and liquidity of ERA.
Both are experienced organizations in the cryptocurrency market, with extensive market-making networks and diverse portfolio management capabilities. According to the latest report from OnChain Research, their roles help ERA avoid severe price volatility and reduce pump-dump risks for individual investors.
Why is the issuance of large volumes of market Tokens important?
The issuance of large-volume market Tokens reflects the process of active liquidity provision, allowing easier trading and helping to stabilize price volatility.
For ERA, the issuance of 2.5 and 2 million Tokens by Amber Group and GSR Markets respectively reflects a professional market-making strategy, contributing to increasing trust and appeal for both investors and partners in the ecosystem.
Maintaining continuous liquidity is a vital factor that helps new Tokens survive in the long term and develop sustainably in the market.
Nguyen Hoang Nam, CEO of a Blockchain research company in Vietnam, 2024
How can other market makers affect ERA?
Other market makers may join to support ERA, but currently, on-chain data mainly focuses on GSR Markets and Amber Group.
Diversifying market makers helps increase price stability, expand liquidity, and reduce dependence on a few parties. However, this control needs to be transparent and have a clear strategy to avoid market manipulation risks.
Frequently Asked Questions
Who is the market maker for ERA (Caldera)?
GSR Markets and Amber Group are the two organizations identified as market makers for ERA through the large volume of market Tokens they issue.
Why is the issuance of market Tokens important for ERA?
This helps increase liquidity and reduce price volatility, thereby supporting the stable development of ERA in the cryptocurrency market.
How many market Tokens has Amber Group issued for ERA?
Amber Group has issued approximately 2.5 million market Tokens for ERA as of the time of reporting.
How does market making affect individual investors?
It helps curb severe price volatility and reduce pump-dump risks, protecting the interests of individual investors.
Can other market makers participate in making ERA?
It is possible, but currently, data shows that the two prominent organizations are GSR Markets and Amber Group holding the main role.
Source: https://tintucbitcoin.com/era-caldera-do-gsr-amber-lam-maker/
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