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
$2948.44
+6.34%
Latest News
- Ethereum Surges Past $3,000 Signaling Start of New Crypto Bull Market, Says LD Capital Founder2025-07-11 01:29:16
- GameSquare Initiates Ethereum Treasury Strategy with $5M Purchase Under CEO Justin Kenna’s Leadership2025-07-11 01:28:46
- BlackRock (ETHA) Daily ETH Flows: +314.8m: BBG2025-07-11 01:28:31
- Whale Shorts 11,241 ETH with 25x Leverage Using 3.25M USDC on Hyperliquid2025-07-11 01:17:29
- Whale Transfers 4,500 ETH to Binance Amid $4.32 Million Unrealized Loss2025-07-11 00:56:17