Following a prior transfer, Cumberland’s latest move of 22,289 ETH, valued at $100 million, signals ongoing institutional interest in Ethereum.
Cumberland has transferred 22,289 ETH, valued at $100 million, to Coinbase Institutional, following a previous transfer of 25,200 ETH worth $116 million. This further underscores the growing institutional activity within the Ethereum market, with these significant transfers reflecting sustained interest in digital assets.