According to Onchain Lens, a whale address that had been inactive for 11 months recently transferred 9,000 ETH (approximately $17.19 million) to Cumberland, potentially for an over-the-counter sale. Previously, this address had deposited approximately 50,000 ETH in 13 transactions to FalconX, totaling around $205.67 million.
Whale transfers 9,000 ETH, worth $17.19M, to Cumberland after 11-month silence
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Summary
ETH news: A whale address, inactive for 11 months, transferred 9,000 ETH ($17.19M) to Cumberland. This same address previously sent 50,000 ETH ($205.67M) to FalconX across 13 transactions. The latest ETH movement suggests a potential off-exchange sale.
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