According to Onchain Lens, a large whale, after being inactive for 11 months, transferred 9,000 ETH to Cumberland, valued at approximately $17.19 million, likely for over-the-counter sale. This wallet deposited approximately 50,000 ETH, valued at around $2.057 billion, into FalconX through 13 transactions.
Whale transfers 9,000 ETH to Cumberland, possibly for an off-exchange sale
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Summary
ETH news: A whale has transferred 9,000 ETH ($17.19 million) to Cumberland after 11 months of inactivity, possibly for an off-exchange sale. The same wallet previously sent 50,000 ETH ($2.057 billion) to FalconX across 13 transactions. ETH update: This activity suggests potential market-moving trades may be imminent.
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