BlockBeats: Cumberland Withdraws 17,243 ETH ($71.4M) in Weekly Crypto Outflows

COINOTAG News on October 15, citing The Data Nerd on-chain monitoring, reported that trading firm Cumberland withdrew 203.55B SHIB — roughly $2.17 million — about eight hours before the report, a recorded wallet movement captured by analytics services.

Weekly on-chain records attributed to the same address indicate cumulative withdrawals of 224,000 AVAX (~$5.25 million), 17,243 ETH (~$71.37 million), 102,000 LINK (~$880,000), 892B PEPE (~$7.17 million), 203B SHIB (~$2.17 million) and 220,000 UNI (~$1.48 million), reflecting measurable on-chain withdrawals and short-term liquidity adjustments.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.