Address believed to belong to Cumberland deposits 1.5 million PONS to Gate

  • An address believed to belong to Cumberland deposited 1.5 million PONS to Gate.
  • The deposited tokens were worth about $877,000.
  • The address had withdrawn 17.64 million PONS from Gate over two weeks.

An address believed to belong to crypto market maker Cumberland deposited 1.5 million PONS, worth about $877,000, to Gate over five hours, according to blockchain monitoring service Lookonchain. The tokens came from 17.64 million PONS withdrawn from Gate by the address over the previous two weeks at an average price of $0.67.

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