Cumberland Wallet Withdraws 25,000 ETH Worth $69.56M from Binance on July 10
2025-07-10 13:22:21
Main Idea
A wallet linked to Cumberland withdrew 25,000 ETH worth $69.56 million from Binance on July 10, highlighting the significance of whale activity in cryptocurrency markets.
Key Points
1. On July 10, a Cumberland-associated wallet withdrew 25,000 ETH from Binance.
2. The transaction was valued at approximately $69.56 million.
3. The movement underscores the importance of monitoring large transactions (whale activity) for market insights.
4. Such transactions can influence Ethereum’s price and liquidity trends.
Description
On July 10, blockchain analytics platform Lookonchain reported a significant transaction involving a wallet linked to Cumberland. The wallet executed a withdrawal of 25,000 ETH, valued at roughly $69.56 million,
$ETH
$2996.37
+8.88%
Latest News
- Ether Price Near $3,000 Resistance Amid Mixed Signals from Futures and Layer-2 Growth2025-07-10 21:54:00
- Solana Shows Potential to Reach $164 Amid Institutional Support and Bullish Technical Signals2025-07-10 21:53:17
- Ethereum Shows Rising Volume and Transaction Demand Amid Potential Breakout Setup2025-07-10 21:40:51
- Bitcoin Nears $116,000 Amid Significant Short Liquidations and Market Volatility2025-07-10 21:39:16
- Kevin O’Leary Suggests Bitcoin Infrastructure Investment May Benefit Amid AI-Driven Customer Acquisition Shifts2025-07-10 21:27:24