Cumberland-Linked Addresses Withdraw Over 42,000 ETH Worth $107.8M from Binance and Kraken
2025-07-09 02:24:44
Main Idea
Significant ETH withdrawals by Cumberland-linked addresses from Binance and Kraken highlight notable liquidity shifts in the cryptocurrency market.
Key Points
1. An address linked to Cumberland (0xFC82) withdrew 34,883 ETH from Binance, valued at approximately $89.45 million.
2. Another address (0x3c9E) withdrew 7,200 ETH from Kraken, worth around $18.37 million.
3. These transactions indicate strategic portfolio adjustments by major market players.
Description
According to recent data from Lookonchain, the address linked to Cumberland, identified as “0xFC82,” executed a significant withdrawal of 34,883 ETH from Binance over the past week, valued at approximately
$ETH
$2619.25
+2.92%
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