Whale Alert: Cumberland Moves 861 BTC ($98.9M) to Coinbase Institutional — Major Bitcoin Transfer
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
On September 12, COINOTAG News reported that Whale Alert monitoring recorded a transfer by liquidity provider Cumberland of 861 BTC to Coinbase Institutional, executed roughly half an hour before the alert and valued at approximately $98.93 million. The on-chain movement reflects an institutional custody reallocation and should be assessed relative to prevailing orderbook liquidity and treasury-management practices rather than treated as a directional market signal. Market analysts will incorporate these custody flows into liquidity and risk models to quantify potential short-term impacts. All amounts and timestamps cited derive from the monitoring report and on-chain data; no speculative assertions are made.
