Cumberland Withdraws 23,100 ETH Worth $59.71 Million from Binance in 24 Hours
2025-07-09 10:19:32
Main Idea
Cumberland withdrew 23,100 ETH worth $59.71 million from Binance within 24 hours, indicating significant liquidity shifts in the Ethereum market.
Key Points
1. Cumberland withdrew 23,100 ETH from Binance in a 24-hour period.
2. The transaction was valued at approximately $59.71 million.
3. Large-scale withdrawals by institutional players like Cumberland often signal notable liquidity shifts in the Ethereum market.
Description
On July 9, data from The Data Nerd revealed a significant transaction involving Cumberland, which withdrew 23,100 ETH from the Binance exchange within a 24-hour period. This movement, valued at
$ETH
$2659.11
+1.70%
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