Looking at the buys I'm guessing the company decided to buy back its coins or one of their insiders.
Great work you fuck over your customers for awhile miss some deadlines delay some more until pretty much everyone is looking for the door and then you buy back you stock for pennies on the dollar.
Now that this has been taken care off I'm sure the roadmap will come soon and stuff will be much clearer from now on and then in about a year the cycle will repeat.
My money is on an insider. Having the company buying back shares in secret would be risky even for in crypto as they would risk a lawsuit.
But the fact that someone if buying a lot of cheap amber does support my theory that we will be looking at a buyback around the end of the year.
I dont believe Amber-Trade risks to buy back AMBER silently without announcement. They do not have to make illegal things. They can just announce buyback and then buy up, announce that next Q will be loss - and then buy up, announce that new business operation has given USD200k damage (which is true) - and buy up. Only true things, people go to panic easily and sell for cents.
Ok, it's possible that some insiders (who know future plans) buy AMBER and Amber-Trade dont know nothing about these people... but nobody can do nothing against this.
From
https://www.blockexperts.com/amber...LX1qMA seems recently (last days or so) rised ~20 k AMBER
New accounts have relatively small Tx. For example ...AbpMN5, ...myGUppr, ...VY9uFW are little more than year old accounts. Tx rises mostly due to the staking and mining - many small amounts.