Cumberland Wallet Adds 3,263 ETH as Ethereum Holds Above $3,500
2025-07-19 13:27:56
Main Idea
A Cumberland-linked wallet acquired 3,263 ETH worth $11.75M, increasing its total holdings to over $76M, as Ethereum's price remains above $3,500.
Key Points
1. The wallet, suspected to belong to Cumberland, added 3,263 ETH worth $11.75M, bringing its total holdings to 23,463.3 ETH valued at $76.52M.
2. Ethereum's price is currently $3,566, keeping the wallet's position profitable with $6.63M in unrealized gains.
3. The wallet's average entry price for ETH purchases is around $3,261 per ETH.
4. Ethereum has shown consistent upward momentum since early July, with support near the 50-period EMA at $3,216.9.
5. The wallet's accumulation aligns with Ethereum's uptrend, indicating continued strength in the market.
Description
Cumberland-linked wallet acquired 3,263 ETH worth $11.75M, bringing total holdings to over $76M. Ethereum price stays above $3,500, with the wallet’s average entry at $3,261 and $6.63M in unrealized gains. The wallet shows steady accumulation, aligning with Ethereum’s uptrend on the 4-hour chart and strong EMA support. A wallet suspected of belonging to major crypto market maker Cumberland has continued its steady accumulation of Ethereum, adding another 3,263 ETH worth $11.75 million in the las...
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