Cumberland-Linked Addresses Withdraw Over 42,000 ETH Worth $107.8M from Binance and Kraken

According to recent data from Lookonchain, the address linked to Cumberland, identified as “0xFC82,” executed a significant withdrawal of 34,883 ETH from Binance over the past week, valued at approximately US$89.45 million. This sizable movement highlights notable liquidity shifts within major cryptocurrency exchanges. Additionally, another address, “0x3c9E,” reportedly withdrew 7,200 ETH from Kraken, amounting to around US$18.37 million during the same period. These transactions underscore the ongoing reallocation of digital assets by institutional players, reflecting strategic portfolio adjustments amid evolving market dynamics.