Cumberland-Linked Wallets Withdraw 23,000 ETH From Binance and Coinbase
According to Lookonchain (blockchain analytics tracker), the wallets moved about $50.1 million worth of Ethereum from the two crypto exchanges within two hours.
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Terms & Concepts
Ethereum: A blockchain network that supports smart contracts (self-executing blockchain code) and its native token, ETH.
Wallet: A blockchain address or tool used to store and transfer digital assets such as Ethereum.
Crypto exchange: A trading platform where users buy, sell, and withdraw cryptocurrencies like Ethereum.