According to The Data Nerd, a wallet possibly tied to market maker Cumberland withdrew 543.5 BTC from Binance and Bybit, indicating a notable transfer involving a major digital asset trading firm.
The Data Nerd reported on March 18 that a wallet possibly linked to market maker Cumberland withdrew 543.5 BTC worth about $40.58 million from Binance and Bybit. The transfer was said to have occurred about six hours before the report. The update shifts the topic from a prior ZEC wallet movement to a new large Bitcoin transfer involving a wallet potentially associated with Cumberland.