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TechFlow News: On March 5, according to on-chain analytics platform Lookonchain (@lookonchain), two wallets associated with Cumberland withdrew a total of 46,620 ETH (approximately $98.8 million) from Binance, Coinbase, and Copper within the past 16 hours. This large-scale withdrawal may indicate institutional investors are accumulating Ethereum.
According to on-chain analytics platform Lookonchain (@lookonchain), over the past 16 hours, two wallets associated with Cumberland withdrew a total of 46,620 ETH (approximately $98.8 million) from Binance, Coinbase, and Copper. This large-scale withdrawal may indicate that institutional investors are accumulating Ethereum.
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