The transfer involved about $130.5 million in Bitcoin, with $52.2 million routed to Cumberland and the remaining $78.3 million moved to a new wallet.
A Bitcoin whale shifted 2,000 BTC worth about $130.5 million after accumulating the asset for six years. The transfer included 800 BTC valued at about $52.2 million sent to Cumberland, a crypto market maker and over-the-counter trading platform, while 1,200 BTC worth about $78.3 million was moved to a new wallet address. The transaction is being watched as a possible sign of partial profit-taking or portfolio rebalancing rather than a full exit, with the move to Cumberland potentially indicating selling activity and the separate transfer suggesting the holder retained a substantial position.