Lookonchain data reveals that Cumberland-related addresses recently withdrew 14,800 ETH worth $30.8 million from Coinbase, continuing a pattern of large-scale fund movements by the trading firm.
According to blockchain tracker Lookonchain, Cumberland-associated wallets recently withdrew 14,800 ETH valued at $30.8 million from Coinbase. This follows prior withdrawals, contributing to a total of 46,620 ETH moved from Binance, Coinbase, and Copper within 16 hours on March 5, indicating ongoing fund consolidation activity by Cumberland-linked entities.