24,645 ETH (worth approximately $80.69 million) was transferred from Cumberland in a large transaction to an institutional trading platform. This sizable transfer reflects active participation by institutional investors. Large ETH flows to institutional custody platforms usually indicate market participants are adjusting their positions or preparing for subsequent trades.
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AllInAlice
· 9h ago
Are these institutions accumulating now? Or are they preparing to cash out before a dump?
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GasFeeBeggar
· 9h ago
Another large transfer in, are institutions still hoarding coins or about to dump?
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StablecoinArbitrageur
· 9h ago
80M into custody? honestly the order book depth implications here are brutal. that kind of volume hitting liquidity pools would trigger cascading slippage like you wouldn't believe.
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BlockchainBrokenPromise
· 9h ago
Well, bro, this looks like it's about to dump the market.
24,645 ETH (worth approximately $80.69 million) was transferred from Cumberland in a large transaction to an institutional trading platform. This sizable transfer reflects active participation by institutional investors. Large ETH flows to institutional custody platforms usually indicate market participants are adjusting their positions or preparing for subsequent trades.